
Finland's Kone to buy German rival TK Elevator in blockbuster $34.4 billion deal
Finland's Kone has agreed to acquire Germany's TK Elevator for 29.4 billion euros, creating the world's largest elevator maker in one of Europe's biggest takeovers in recent years. The merger signals major industry consolidation and reflects strategic moves by European manufacturers amid global competition.
CNBC Top News202 h agoKNEBV