REFILE-Advent/Cinven-led consortium to spend 'billions' on expanding Thyssenkrupp Elevator [Reuters]
UNITED TECHNOLOGIES (UTX)
Last united technologies earnings: 1/28 06:30 am
Check Earnings Report
US:NYSE Investor Relations:
utc.com/investors/pages/default.aspx
Company Research
Source: Reuters
Advent/Cinven-led consortium to spend 'billions' on expanding Thyssenkrupp Elevator (This March 1 story has been refiled to show that the consortium is led by Advent and Cinven) BERLIN (Reuters) - The consortium that won the bid to acquire Thyssenkrupp’s elevators division wants to spend billions of euros on expanding the business, a manager at one of three partners said in remarks published on Sunday. “The is no shortage of money for a global expansion,” Ranjan Sen, managing partner with private equity firm Advent told the Handelsblatt business daily. “This could by all means amount to single-digit billions.” Thyssenkrupp ( TKAG.DE ) said on Thursday it had agreed to sell its elevators division to a consortium of Advent, Cinven and Germany’s RAG foundation for 17.2 billion euros ($18.96 billion). Thyssenkrupp said it would reinvest about 1.25 billion euros to take a stake in the unit. By far the German conglomerate’s most profitable business, Thyssenkrupp Elevator is the world’s fo
Show less
Read more
Impact Snapshot
Event Time:
UTX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
UTX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
UTX alerts
High impacting UNITED TECHNOLOGIES news events
Weekly update
A roundup of the hottest topics