Thyssenkrupp's elevator unit eyes margin lift as sale nears
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FRANKFURT/DUESSELDORF, Germany (Reuters) - Thyssenkrupp's elevator unit, which has been put up for sale by the ailing conglomerate, will cut costs, add lucrative service contracts and boost factory efficiency in a bid to raise margins and increase its appeal to potential buyers.By far Thyssenkrupp's most profitable division, Elevator will be either sold or listed in a bid to repair the group's balance sheet, which has suffered from ill-fated investments, numerous profit warnings and rising..