By Kim Richters

Thyssenkrupp AG (TKA.XE) traded higher Friday after media reported that its supervisory board planned to address the future of the industrial heavyweight's elevator unit as early as next week.

Previously this week, the German company said that it had started the process to evaluate offers for the division, while Finnish rival Kone Oyj (KNEBV.HE) had announced its interest.

Thyssenkrupp's shares were up 4.9% at EUR12.26.

Write to Kim Richters at kim.richters@wsj.com

(END) Dow Jones Newswires

September 06, 2019 10:04 ET (14:04 GMT)

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