Any new owner of Thyssenkrupp's prized elevator unit not only has to provid...
Thyssenkrupp's logo is seen outside the elevator test tower in Rottweil, Germany, January 21, 2020. REUTERS/Michaela Rehle
DUESSELDORF/FRANKFURT - Any new owner of Thyssenkrupp’s prized elevator unit not only has to provide guarantees for jobs and sites but also commit to co-determination structures and investments to keep the business future-proof, Germany’s largest union said. “We want to conclude the negotiations as fast as possible and then sign an agreement with the chosen buyer,” IG Metall’s Knut Giesler, who leads talks on behalf of employees in Thyssenkrupp’s efforts to sell its elevator division, said on Tuesday.
Thyssenkrupp on Monday said it had narrowed the field of bidders and was now focusing on selling a majority or all of its elevator unit to either Blackstone (
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