FRANKFURT (Reuters) - Germany's ThyssenKrupp (>> ThyssenKrupp AG) said it was considering whether to exercise its right of first refusal to buy out Airbus's (>> AIRBUS GROUP) stake in submarine supplier Atlas Elektronik.

Airbus Group unveiled plans to sell half a dozen business units with combined revenues of around 2 billion euros (1.6 billion pounds), including its 49 percent stake in Atlas, as it refocuses its Defence and Space division.

"As co-owner of Atlas Elektronik, we have noted the decision of the Airbus Group to sell its stake in Atlas. ThyssenKrupp has a right of first refusal and will now examine all options," a spokesman said in an emailed statement.

(Reporting by Georgina Prodhan; editing by Jason Neely)

Stocks treated in this article : AIRBUS GROUP, ThyssenKrupp AG