February 13, 2020 / 8:53 AM / 10 days ago

Elevator sale in focus in competitive process: Thyssenkrupp CFO

FILE PHOTO: ThyssenKrupp AG Chief Financial Officer (CFO) Johannes Dietsch is seen during the annual news conference of Thyssenkrupp at the company's headquarters in Essen, Germany, November 21, 2019. REUTERS/Leon Kuegeler/File Photo

FRANKFURT (Reuters) - A sale of Thyssenkrupp’s (TKAG.DE) elevator division is currently in focus, the group’s finance chief said on Thursday, adding an ongoing auction was “very competitive”.

Speaking to journalists after releasing first-quarter results, Johannes Dietsch said a listing still remained an option for the unit, adding the group would make decisions quickly as the process is in its final stages.

Reporting by Christoph Steitz and Tom Kaeckenhoff; Editing by Michelle Martin

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