Kone, a Finnish elevator and escalator maker, has agreed to buy Germany's TK Elevator for €29.4 billion from Advent International and Cinven. Why it matters: This creates the world's largest lift ...

HELSINKI, April 29 (Reuters) - Finnish lift maker Kone (KNEBV.HE), opens new tab has agreed to buy German rival TK Elevator (TKE) in a deal worth 29.4 billion euros ($34.4 billion) that would create ...

LISLE, Ill.--(BUSINESS WIRE)--KONE, a global leader in the elevator and escalator industry, has acquired Capitol Elevator, a Sacramento, California-based elevator service business. This strategic ...

March 24 (Reuters) - Schindler will challenge ⁠any ⁠merger deal between rivals ⁠Kone and TK Elevator before antitrust authorities, the head of the Swiss lift maker told Reuters on Tuesday. Bloomberg ...

HELSINKI, June 3 (Reuters) - Finnish elevator maker ‌Kone (KNEBV.HE), opens new tab said on Wednesday its shareholders have approved the company's planned $34 billion acquisition of German rival TK ...

Finland’s Kone KNEBV-1.17%decrease; down pointing triangle agreed to buy German rival TK Elevator for almost $24 billion in a deal that would create the world’s biggest elevator maker by sales. Under ...