BREAKING NEWS

More than one strategic suitor for Thyssenkrupp elevator - CFO

More than one strategic suitor for Thyssenkrupp elevator - CFO
FILE PHOTO: Thyssenkrupp's logo in Rottweil, Germany, September 25, 2017. REUTERS/Michaela Rehle -
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Michaela Rehle(Reuters)
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ESSEN, Germany (Reuters) – Thyssenkrupp’s <TKAG.DE> elevator division has drawn indicative bids from more than one strategic suitor, its Chief Financial Officer Johannes Dietsch said on Thursday, not elaborating further.

Sources had previously said that Finland’s Kone <KNEBV.HE>, which has teamed up with private equity firm CVC, remained as the only strategic player in the race.

(Reporting by Christoph Steitz and Tom Kaeckenhoff; editing by Thomas Seythal)

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