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Division forecasts deeper operating loss than analysts expected
Fund managers had complained that proposed protections were the ‘worst ever seen’
New private equity owners of lifts unit give themselves freedom to pile on more borrowing
Group seeks to trim exposure to €17.2bn megadeal struck just as pandemic began
German industrial conglomerate plans to shed businesses with €6bn turnover to create leaner structure
German industrial giant will transform into a company with ‘the leanest possible holding’
Losses at the steel unit have hit more than €300m in the second quarter of this year
Group says virus will hit restructuring, while private equity seeks to offload risk
Private equity firms look for others to help pay for industrial group’s lifts business
Welcome to Due Diligence, the FT’s daily deals briefing
Largest takeovers do not always generate the biggest returns
German group pulls off coup as buyout funds pay eye-watering sum for lift business
Advent and Cinven sale draws hard-fought bidding process to a close
Finnish liftmaker Kone withdrew its bid in wake of the announcement
German conglomerate hopes to offload lossmaking division to focus on steel
Groups seek support for bids to buy German conglomerate’s prized elevator unit
Thyssenkrupp dilemma highlights the importance of looking beyond pure profit
Foundation has mandate to maintain unity of German industrial icon under strain
Three private equity consortiums have submitted rival offers for division
Sale would speed up break-up of one of Germany’s biggest conglomerates
Buyout groups compete with Finland’s Kone for one of the world’s biggest elevator makers
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