FRANKFURT/DUESSELDORF—Finland’s Kone is assessing the viability of a bid for Thyssenkrupp’s 14 billion euro ($15.7 billion) elevators division even as the German conglomerate pursues plans to list it, four people familiar with the matter said.
Thyssenkrupp last week ditched a plan to spin off its capital goods business after months of shareholder criticism and opted instead to list elevators, its most profitable division, to raise badly needed cash.