TOKYO/FRANKFURT, Oct 8 (Reuters) - Thyssenkrupp
plans to give potential bidders access to the data room of its
elevator division in the coming days, three people familiar with
the matter said, as one of Europe's biggest M&A deals of the
year is picking up pace.
Japan's Hitachi is working with investment bank
Barclays to explore a bid for the unit, which is valued
anywhere between 12 billion to 17 billion euros ($13.2-$18.7
billion), the people said.
Apart from Hitachi, access will be granted to Finland's Kone
, Blackstone, CVC and Carlyle
as well as a consortium consisting of Advent, Cinven
and the Abu Dhabi Investment Authority, they added.
All parties declined to comment or were not immediately
available for comment.
(Reporting by Junko Fujita, Arno Schuetze and Christoph Steitz;
Editing by Tassilo Hummel)
Barclays (BARC)
