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Finland"s Kone OYJ ponders purchase of Thyssenkrupp"s $16B elevator unit

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 15th, 2019

Ups and downs: the battle to buy Thyssenkrupp"s elevator unit

Finland's Kone and private equity firms are battling to buy ThyssenKrupp's prized elevator division worth more than 15 billion euros ($16.6 billion), a deal which would be Europe's biggest private equity deal in 13 years......»»

Category: topSource: reutersFeb 4th, 2020

Thyssenkrupp shortlists buyout firms for elevator unit, Kone out

By Christoph Steitz, Tom Käckenhoff, Arno Schuetze and Edward Taylor.....»»

Category: topSource: reutersFeb 17th, 2020

Exclusive: Thyssenkrupp/Kone deal will trigger litigation war - Schindler

Switzerland's Schindler will embark on an all-out legal antitrust offensive if Thyssenkrupp selects Finland's Kone as the buyer of its elevator division, board member Alfred Schindler told Reuters......»»

Category: topSource: reutersFeb 12th, 2020

Kone open to co-shareholding with Thyssenkrupp in elevator deal: Bloomberg

Finland's Kone is open to a co-shareholding structure in a potential deal to merge with Thyssenkrupp's elevator division, its chief executive told Bloomberg News......»»

Category: topSource: reutersSep 13th, 2019

Exclusive: Kone looks at options for potential Thyssenkrupp elevator deal - sources

Finland's Kone is assessing the viability of a bid for Thyssenkrupp's 14 billion euro ($15.7 billion) elevators division even as the German conglomerate pursues plans to list it, four people familiar with the matter said......»»

Category: topSource: reutersMay 15th, 2019

Exclusive: Kone explores options for potential Thyssenkrupp elevator deal - sources

Finland's Kone is assessing the viability of a bid for Thyssenkrupp's 14 billion euro ($15.7 billion) elevators division even as the German conglomerate pursues plans to list it on the stock exchange, four people familiar with the matter said......»»

Category: topSource: reutersMay 15th, 2019

Elevator maker Kone"s first-quarter profit beats forecasts

Finland's Kone reported a 10% fall in first-quarter profit hurt by the coronavirus outbreak but beat forecasts and stuck with its recently adjusted 2020 outlook......»»

Category: topSource: reutersApr 22nd, 2020

Thyssenkrupp to cut 3,000 jobs at steel unit by 2026

The German elevator-to-car parts conglomerate Thyssenkrupp will cut 3,000 jobs at its steel unit by 2026 as part of a wage deal it struck with powerful labor union IG Metall, it said on Wednesday......»»

Category: topSource: reutersMar 24th, 2020

Thyssenkrupp"s Merz stays on as CEO to handle overhaul

Martina Merz, who took over as interim chief executive of Thyssenkrupp , will remain in the job until 2023 after successfully selling the group's elevator unit in a landmark deal last month, the conglomerate said on Friday......»»

Category: topSource: reutersMar 20th, 2020

Thyssenkrupp sells elevator unit for $18.7 billion to Advent, Cinven consortium

By Christoph Steitz, Edward Taylor, Matthias Inverardi and Tom Käckenhoff.....»»

Category: topSource: reutersFeb 27th, 2020

Thyssenkrupp in pact to sell elevator unit to Advent and Cinven, Reuters says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 27th, 2020

Thyssenkrupp sells elevator unit for $18.7 billion to Advent-led consortium

By Christoph Steitz, Edward Taylor, Matthias Inverardi and Tom Käckenhoff.....»»

Category: topSource: reutersFeb 27th, 2020

ThyssenKrupp said to pick Advent group as elevator unit buyer, Bloomberg says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 27th, 2020

Exclusive: Thyssenkrupp-Kone elevator merger would trigger legal war - Schindler

Swiss elevator maker Schindler would embark on an all-out antitrust offensive in the courts to stall any deal to combine Thyssenkrupp's lift division with rival Kone , board member Alfred Schindler told Reuters......»»

Category: topSource: reutersFeb 12th, 2020

Blackstone, Carlyle bid $17.5B for Thyssenkrupp elevator unit, Reuters reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 12th, 2020

Exclusive: Thyssenkrupp-Kone merger would trigger litigation war - Schindler

Swiss elevator maker Schindler would embark on an all-out antitrust offensive in the courts to stall any deal to combine Thyssenkrupp's lift division with rival Kone , board member Alfred Schindler told Reuters......»»

Category: topSource: reutersFeb 12th, 2020

KONE confirms offer to acquire ThyssenKrupp"s elevator technology business

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 28th, 2020

Kone said to bid about EUR17B for ThyssenKrupp elevators unit, Bloomberg says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 28th, 2020

Brookfield, Temasek partner in bid for Thyssenkrupp elevator unit, Reuters says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 10th, 2020

Thyssenkrupp"s elevator unit moves to boost margins ahead of sale

Thyssenkrupp's elevator unit, which has been put up for sale by the ailing conglomerate, will cut costs, add lucrative service contracts and boost factory efficiency in a bid to raise margins and increase its appeal to potential buyers......»»

Category: topSource: reutersDec 11th, 2019