Kone could partner up for Thyssenkrupp elevator bid – sources

FRANKFURT (Reuters) – Finland’s Kone (HE:) is considering teaming up with a partner to help pull off a bid for Thyssenkrupp’s (DE:) elevator business, three people familiar with the matter said.

Kone, which analysts say would be a good strategic fit for Thyssenkrupp’s elevator division, could mitigate antitrust risks by selling assets in a potential deal to a partner in a consortium, one of the people said.

Kone declined to comment.

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