Kone out as Thyssenkrupp shortlists private equity for elevator division

Kone out as Thyssenkrupp shortlists private equity for elevator division

Reuters

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German conglomerate Thyssenkrupp 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 , which withdrew from the closely watched deal.

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