UPDATE 6-Thyssenkrupp sells elevator unit for $18.7 bln to Advent, Cinven consortium [Reuters (UK)]
THYSSENKRUPP AG S/ADR (TKAMY)
NASDAQ:AMEX Investor Relations:
thyssenkrupp.com/en/investors
Company Research
Source: Reuters
Thyssenkrupp sells elevator unit for $18.7 billion to Advent, Cinven consortium - Reuters 5 Min Read FRANKFURT/DUESSELDORF (Reuters) - Thyssenkrupp AG ( TKAG.DE ) said on Thursday it agreed to sell its elevators division to a consortium of Advent, Cinven [CINV.UL] and Germany’s RAG foundation for 17.2 billion euros ($18.7 billion) in what could be the world’s largest buyout this year. The bidding group prevailed against a rival consortium comprising Blackstone Group Inc ( BX.N ), Carlyle Group Inc ( CG.O ) and the Canada Pension Plan Investment Board, which sources said submitted a lower offer. The deal, Europe’s biggest buyout since 2007, values the division at roughly 18 times core earnings, a person familiar with the matter said. It is expected to close at the end of the second quarter. The price beats the most optimistic estimates and roughly matches a bid that had been submitted earlier in the process by Finnish rival Kone ( KNEBV.HE ), which dropped out of the race earli
Show less
Read more
Impact Snapshot
Event Time:
TKAMY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TKAMY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TKAMY alerts
High impacting THYSSENKRUPP AG S/ADR news events
Weekly update
A roundup of the hottest topics
TKAMY
News
- Fincantieri SpA (FNCNF) Q3 2024 Earnings Call Highlights: Strong Order Intake and Backlog ... [Yahoo! Finance]Yahoo! Finance
- Syncrolift - The innovative Shiplift Market Leader - also recognized by Norwegian Navy and TKMS as the Submarine handling specialistPR Web
- Individual investors account for 49% of thyssenkrupp AG's (ETR:TKA) ownership, while institutions account for 45% [Yahoo! Finance]Yahoo! Finance
- Stair Lifts Market Research 2024-2029 with Exclusive Data on 37 Vendors Including Acorn, Ameriglide, Bruno Independent Living Aids, Harmar, HIDRAL, Otolift, Savaria, Stannah, ThyssenKrupp, Vimec [Yahoo! Finance]Yahoo! Finance
- Thyssenkrupp reviews plans for green steel production [Yahoo! Finance]Yahoo! Finance