About the Author(s)

Senior Scholar

Eric Fruits is a senior scholar at ICLE and an adjunct professor of economics at Portland State University.

President and Founder

Geoffrey A. Manne is president and founder of the International Center for Law and Economics (ICLE), a distinguished fellow at Northwestern University’s Center on Law, Business, and Economics, and a visiting professor of law at IE University, Madrid.

Related Research Programs

Antitrust

On the Antitrust Risks of Four to Three Mergers: A Case Study of a Potential ThyssenKrupp/Kone Merger

Eric Fruits & Geoffrey A. Manne November 12, 2019

Truth on the Market View Original Source

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Today, Reuters reports that Germany-based ThyssenKrupp has received bids from three bidding groups for a majority stake in the firm’s elevator business. Finland’s Kone teamed with private equity firm CVC to bid on the company. Private equity firms Blackstone and Carlyle joined with the Canada Pension Plan Investment Board to submit a bid. A third bid came from Advent, Cinven, and the Abu Dhabi Investment Authority.

Read the full piece here.