Reuters reported that proceeds from a potential sale of Thyssenkrupp’s elevator division must stay with the group. A leading labor representative rejecting the idea of a special dividend for shareholders said that “We won’t let that happen. The steel unit needs sufficient funds just like the other business areas.”
His remarks come a day after Thyssenkrupp’s supervisory board reviewed first expressions of interest for the division, which some analysts say could be worth up to 17 billion euros.
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