The combination would create the world’s largest elevator maker and marks one of Europe's biggest takeovers in recent years.
Finland’s Kone KNEBV2.35%increase; green up 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.
The Finnish company Kone Oyj has entered into an agreement to acquire the German TK Elevator in order to create the world's largest manufacturer of elevator and escalator equipment. This is reported ...