--Private equity investors, among them Advent, Apollo, CVC and Carlyle, are preparing offers for Thyssenkrupp's elevator division, German business publication Manager Magazin reports, without naming sources.

--Most investors are considering the acquisition of a majority stake or even a complete takeover and would join forces to do so, according to the report.

--Thyssenkrupp shares traded 4.2% higher at EUR1.28 at 0944 GMT.

 

Full story in German: https://bit.ly/2ZtLmYR

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

August 22, 2019 06:03 ET (10:03 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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