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Thyssenkrupp Elevator Suitors Sign Fair Owner Pledge- The 21st China (Guangzhou) Int’l Plate metal, Bar, wire, Metal Processing &Setting Equipment Exhibition 3/2/2020 金屬板材展-棒材-線材展 -plate metal expo-wire expo |
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Reuters reported that two consortia bidding for Thyssenkrupp’s 16 billion euro elevator division have signed a fair owner agreement, a key demand by labour union IG Metall to protect jobs. The move leaves wide open the race for the asset, potentially Europe’s biggest private equity transaction since 2007, ahead of a Feb. 27 meeting of Thyssenkrupp’s supervisory board where a final decision could be made.
Two consortia are battling it out: Blackstone, Carlyle and the Canada Pension Plan Investment Board on one side and Advent and Cinven, supported by the Abu Dhabi Investment Authority and Germany’s RAG foundation, on the other.
金屬板材展-線材展-金屬加工展-2020第二十一屆廣州國際金屬板材、棒材、線材及金屬加工設備展—全球三大金屬展之一巨浪展覽
-- The 21st China (Guangzhou) Int’l Plate metal, Bar, wire, Metal Processing &Setting Equipment Exhibition
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