--Thyssenkrupp is considering a partial listing of its elevator business after ditching plans to split the company in two, according to three sources familiar with the matter, Reuters reports .

--CEO Guido Kerkhoff is abandoning the proposal to split the company into two because its low share price has made a cross-shareholding structure unworkable, Reuters says.

--The new plan involves a holding structure and a carve-out or partial listing of its elevator business, according to Reuters.

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

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(END) Dow Jones Newswires

May 10, 2019 04:05 ET (08:05 GMT)

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