Thyssenkrupp hires GS, JPM and Deutsche Bank to advise on split

FILE PHOTO: Thyssenkrupp's logo is seen close to the elevator test tower in Rottweil, Germany, September 25, 2017. REUTERS/Michaela Rehle/File Photo - Copyright Michaela Rehle(Reuters)

By Reuters

Published on 23/10/2018 - 18:04•Updated 05/05/2024 - 03:39

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FRANKFURT (Reuters) - German conglomerate Thyssenkrupp <TKAG.DE> has hired Goldman Sachs <GS.N>, JP Morgan <JPM.N> and Deutsche Bank <DBKGn.DE> as advisors in a planned spin-off of its capital goods business, a spokesman for Thyssenkrupp said on Tuesday.

Law firm Linklaters will serve as legal advisor, the spokesman said in e-mailed comments.

(Reporting by Christoph Steitz; Editing by Maria Sheahan)

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Iranian carpet shop owner Ali Faez works at his shop at the traditional bazaar of the city of Kashan, about 152 miles (245 km) south of the capital Tehran, Iran.

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Thyssenkrupp hires GS, JPM and Deutsche Bank to advise on split

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