Kone shareholders back $34 billion TKE takeover plan

Otis Worldwide

03/06/2026 09:19

    HELSINKI, June 3 (Reuters) - Finnish elevator maker Kone KNEBV.HE said on Wednesday its shareholders have approved the company's planned $34 billion acquisition of German rival TK Elevator (TKE), which is set to create ​the world's largest lift making group.
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(Reporting by Essi Lehto, editing by Terje Solsvik and Anna Ringstrom )
((essi.lehto@thomsonreuters.com; +358 50 541 2375))