Tag: kone

Kone Prepares European Asset Sales to Clear Mega-Merger

Finnish elevator manufacturer Kone is preparing to launch the sale of most…

UK Launches Inquiry into KONE’s Proposed Acquisition of TK Elevator

The UK Competition and Markets Authority (CMA) has officially opened an inquiry…

The KONE-TKE Deal Is About Protecting a Market, Not Building One

When KONE reported first-half results on 21 July, the headline was growth:…

KONE-TKE €29 Billion Deal: Financial and Legal Analysis

KONE and TKE agreed on a €29.4 billion merger. The deal was…

KONE to Acquire TKE in Major Elevator Industry Deal

KONE Corporation has agreed to combine with TK Elevator in a cash-and-share…

Thyssenkrupp-Kone’s Elevator Tieup May Stay in Ground Floor

(Premium)- After a failed JV with Tata, Thyssenkrupp is now trying to…