--Germany's Thyssenkrupp is considering three consortia led by private-equity firms for the sale of its elevator business, Reuters reports, citing unnamed sources.

--The industrial company shortlisted a consortium led by Advent and Cinven, a group headed by Carlyle and Blackstone as well as a third bidding team led by Brookfield, according to Reuters, but elevator maker Kone could still submit a bid until Jan. 27.

--A spokesman for Thyssenkrupp, which is considering partly or fully divesting the division, declined to comment.

 

Full story: https://reut.rs/2v9Jx5P

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

January 20, 2020 12:18 ET (17:18 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
thyssenkrupp (XE:TKA)
Historical Stock Chart
Von Jul 2020 bis Aug 2020 Click Here for more thyssenkrupp Charts.
thyssenkrupp (XE:TKA)
Historical Stock Chart
Von Aug 2019 bis Aug 2020 Click Here for more thyssenkrupp Charts.