Several PE funds interested in Thyssenkrupp elevators division - report
Reuters
Published Aug 22, 2019 09:53
Several PE funds interested in Thyssenkrupp elevators division - report
BERLIN (Reuters) - Private equity funds Advent, Apollo (N:APO), CVC, Carlyle (O:CG), KKR (N:KKR) and probably also EQT are among the parties interested in Thyssenkrupp's (DE:TKAG) elevators division, Germany's Manager Magazin reported on Thursday.
The magazine, which did not name its sources, said informal talks were already underway.
Thyssenkrupp boss Guido Kerkhoff has agreed to consider a sale of its prized elevators business to help turn around the stricken conglomerate.
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Written By: Reuters
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