Finland’s Kone has agreed to buy German rival TK Elevator in a landmark deal valued at 29.4 billion euros ($34.4 billion). The combination would create the world’s largest elevator maker and marks one ...
Brussels' antitrust rules have already ⁠once ⁠helped derail an attempt to create the world's top lift ⁠maker, but Kone's proposed new tie-up with TK Elevator shows the Finnish group is banking on a ...