Brookfield Asset Management Inc. (TSX:BAM.A) has teamed up with Temasek Holdings (Private) Limited in the auction for ThyssenKrupp AG (XTRA:TKA) prized €15 billion ($16.6 billion) elevator division, two people familiar with the matter said on January 10, 2020. The tie-up creates another powerful private equity consortium for the asset, which Thyssenkrupp plans to sell or list, ahead of a January 13, 2020 deadline for binding bids.