Kone out as Thyssenkrupp shortlists private equity for elevator division

FRANKFURT (Reuters) – German conglomerate Thyssenkrupp (TKAG.DE) said on Monday it has shortlisted two private equity consortia in the sale of its 16 billion euro ($17.3 billion) elevator division, dealing a blow to Finland’s Kone (KNEBV.HE), which withdrew from the closely watched deal. Potentially Europe’s biggest private-equity deal in 13 years, the transaction is now […]

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