One of the largest producers of elevators in the world for sale

German conglomerate Thyssenkrupp intends in the first quarter to determine the fate of their most valuable asset – the business of manufacturing elevators. Experiencing problems the company is thinking to sell the unit or to conduct the primary placement of its shares (IPO). A number of major investors have already laid eyes on this asset.

Among the potential buyers – one of the leading private equity funds Blackstone, Carlyle, CVC Capital Partners, 3G Capital. The size of the possible deal could reach $20 billion, writes the Financial Times, citing people familiar with the situation individuals. At this price the deal could be the largest in Europe, with the participation of private equity funds. But to buy a competitor’s claim, and the Finnish Kone.

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