As part of the deal, Thyssenkrupp will reinvest 1.25 billion euros of the proceeds to take a stake in the unit, it said.
($1 = 0.9201 euros)
(Reporting by Christoph Steitz; Editing by Edward Taylor)
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Thyssenkrupp on Thursday said it agreed to sell its prized elevator division to a private equity consortium including Advent, Cinven and Germany's RAG foundation for 17.2 billion euros ($18.7 billion).
As part of the deal, Thyssenkrupp will reinvest 1.25 billion euros of the proceeds to take a stake in the unit, it said.
($1 = 0.9201 euros)
(Reporting by Christoph Steitz; Editing by Edward Taylor)
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-23.38% | 3.24B | |
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+19.32% | 24.92B | |
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-5.36% | 21.45B | |
+14.71% | 21.4B | |
+7.52% | 20.92B | |
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+35.83% | 8.32B |