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--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
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(END) Dow Jones Newswires
January 20, 2020 12:18 ET (17:18 GMT)
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