FRANKFURT/DUESSELDORF, Germany: Finland's Kone is considering teaming up with a private equity partner to pull off a bid for Thyssenkrupp's elevator business, three people familiar with the matter said.
Thyssenkrupp has said that it could sell or list its elevator business, which is by far its most profitable division. He said Thyssenkrupp was stronger than Kone in North America, while Kone had a better position in Asia."In this combination we'd be faster and could tackle digital challenges more efficiently."