Thyssenkrupp on Monday said it has shortlisted two private equity consortia in t...
Potentially Europe’s biggest private-equity deal in 13 years, the transaction is now in its last stages and could come to a head next week when Thyssenkrupp’s supervisory board is scheduled to meet.
“The bids are at a high level and underline the attractiveness of the business. After careful evaluation of an extensive catalogue of criteria, the company has decided to prioritise further negotiations with two consortia of financial investors,” Thyssenkrupp said in a statement. The ailing conglomerate said it would focus negotiations on two private equity consortia: one consisting of Blackstone (
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