FRANKFURT/DUESSELDORF, Germany – A consortium of Blackstone, Carlyle and Canada Pension Plan Investment Board made a bid of approximately 16 billion euro on Thyssenkrupp’s elevator unit.
This bid is amongst the highest from private equity suitors. The binding bids were to be submitted by Tuesday. No decision has been made on who will go on to the auction’s final round.
Consortium representatives declined to comment.
(Photos syndicated via Reuters)
This story has been edited by BH staff and is published from a syndicated field.