FRANKFURT/DUESSELDORF, Germany, Jan 10 (Reuters) - Canada’s Brookfield Asset Management has teamed up with Singapore state investor Temasek Holdings in the auction for Thyssenkrupp’s prized elevator division, two people familiar with the matter said.
The tie-up creates another powerful private equity consortium for the 15 billion euro ($16.6 billion) asset, which Thyssenkrupp plans to sell or list, ahead of a Jan. 13 deadline for binding bids.
Brookfield and Temasek both declined to comment.
$1 = 0.9015 euros Reporting by Christoph Steitz, Arno Schuetze and Tom Kaeckenhoff; editing by Thomas Seythal
Our Standards: The Thomson Reuters Trust Principles.