Kone Oyj Explores Bid for TK Elevator, Bloomberg Says, Citing Sources
Dow Jones09-18
--Finland's Kone Oyj is looking into a potential bid for rival TK Elevator, Bloomberg reports, citing sources.
--According to people familiar with the matter, the elevator engineering company has held talks with advisers and looked at financing options as it mulls a possible offer for all or part of the Thyssenkrupp AG unit, Bloomberg says.
--The private equity owners of Germany's TK Elevator are looking into an initial public offering of the business, Bloomberg reports.
Full story: https://tinyurl.com/y2dut4ax
Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
September 18, 2025 04:18 ET (08:18 GMT)
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