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FRANKFURT/DUESSELDORF (Reuters) – German ailing conglomerate Thyssenkrupp (TKAG.DE) is in talks with international peers about consolidating its loss-making steel business, a person familiar with the…
View More Thyssenkrupp in talks with peers over steel business: source
FRANKFURT (Reuters) – Investors on Friday expressed concerns over whether Thyssenkrupp (TKAG.DE) can come up with a working strategy for its struggling businesses following the…
View More Doubts mount over Thyssenkrupp's future strategy
FRANKFURT (Reuters) – Private equity suitors for Thyssenkrupp’s (TKAG.DE) elevator division, which is seen fetching around 16 billion euros ($17.4 billion), have submitted offers with…
View More Buyout bids for Thyssenkrupp Elevator loaded with similar leverage: sources
FRANKFURT/DUESSELDORF, Germany (Reuters) – A consortium consisting of Blackstone (BX.N), Carlyle (CG.O) and the Canada Pension Plan Investment Board has made a roughly 16 billion…
View More Blackstone, Carlyle make $17.5 billion bid for Thyssenkrupp elevator: sources
FRANKFURT (Reuters) – Finland’s Kone (KNEBV.HE) has outbid rival suitors for Thyssenkrupp’s (TKAG.DE) prized elevator division with a preliminary offer of 17 billion euros ($18.9…
View More Kone leads field with 17 billion euro bid for Thyssenkrupp elevators: sources
FRANKFURT/DUESSELDORF, Germany (Reuters) – Thyssenkrupp (TKAG.DE) has shortlisted three private equity consortia in the auction of its prized 15 billion euro ($16.6 billion) elevator business,…
View More Thyssenkrupp shortlists three private equity consortia in elevator sale: sources
FRANKFURT (Reuters) – Thyssenkrupp (TKAG.DE) has shortlisted three private equity consortia in the auction of its prized 15 billion euro ($16.62 billion) elevator business, people…
View More Thyssenkrupp shortlists three private equity consortia in elevator sale: sources
FRANKFURT/DUESSELDORF, Germany (Reuters) – Finland’s Kone (KNEBV.HE) has proposed paying a multi-billion euro break-up fee to Thyssenkrupp (TKAG.DE) in an effort to improve its chances…
View More Thyssenkrupp, Kone discuss multi-billion euro break-up fee – sources
FRANKFURT/DUESSELDORF (Reuters) – Thyssenkrupp (TKAG.DE) will receive first bids for its elevator division this week, three people familiar with the matter said, as key stakeholders…
View More Thyssenkrupp awaits elevator bids, stake size views differ: sources
FRANKFURT/DUESSELDORF, Germany (Reuters) – At least ten strategic and private equity firms have been invited to submit indicative bids for Thyssenkrupp’s (TKAG.DE) prized elevator division,…
View More Thyssenkrupp picks bidders for next round in elevator deal: sources
FRANKFURT (Reuters) – Possible bidders for Thyssenkrupp’s (TKAG.DE) elevator division are under pressure to come up with firm offers, the conglomerate’s chief executive told German…
View More Bidders keen on elevator unit: Thyssenkrupp CEO in Spiegel
FRANKFURT (Reuters) – When Thyssenkrupp CEO Guido Kerkhoff announced plans to list its prized elevators unit last week, he set off a battle for the…
View More Turmoil at Thyssenkrupp marks battle for Germany's economic identity
DUESSELDORF (Reuters) – Management and labor leaders at Germany’s Thyssenkrupp have agreed on a way forward after the industrial conglomerate announced a fresh restructuring drive…
View More Germany's Thyssenkrupp agrees restructuring approach with labor leaders
FRANKFURT (Reuters) – Activist fund Elliott raised doubts about Thyssenkrupp’s plan to split in two in a letter to the conglomerate’s chief executive last month,…
View More Activist Elliott has doubts about Thyssenkrupp split: source