Once reviled by German politicians, private equity firms are now getting a warmer reception in Europe’s largest economy as industry heavyweights ink the continent’s biggest buyout deal in a decade.
Advent International and Blackstone Group Inc. are among firms planning to address several thousand of their peers in Berlin at this week’s SuperReturn International forum. Meanwhile, just a few hundred miles west, the bosses of Thyssenkrupp AG are deciding which of the two buyout groups will triumph in a $17 billion battle for their crown-jewel elevator business.
The purchase could be one of the biggest global private equity deals this ...
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