Historical missions are simulated in SH5 with the campaign Open Horizons II or TWoS. So if you go there at the right time you will encounter these battleships, yes.
But the battle result may be unpredictable, e.g. the Bismarck could even sink his aggressors, but that would not change the outcome of the ship or the war
I let you find out, and have fun...
In my mod that will soon come out (Xenon's Modlist), even when you have no torpedos left, it will still be worth to go there to support other subs or lead airplanes into the battle by sending radio reports. This feature is not fully present in WoS (AI subs yes, but no air support).