ADIA Part of Winning Investor Group that Buys Elevator Unit of Thyssenkrupp
Posted on 02/28/2020
After a long process, German industrial conglomerate Thyssenkrupp AG signed a deal to sell its elevators division to an investor group for a price tag of €17.2 billion (US$ 18.7 billion). The investor group buying the unit consists of Advent International, Cinven, the Abu Dhabi Investment Authority (ADIA), and Germany’s RAG Foundation (RAG-Stiftung). This is […]
