Advent-led consortium keen to spend on expanding Thyssenkrupp Elevator

Advent-led consortium keen to spend on expanding Thyssenkrupp Elevator

The logo of German steel-to-elevators group ThyssenKrupp AG is pictured during the company's annual news conference in Essen, Germany, November 24, 2016. REUTERS/Wolfgang Rattay

The consortium that won the bid to acquire Thyssenkrupp’s elevators division wants to spend billions of euros on expanding the business, a manager at one of three partners said in remarks published on Sunday.

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