TK Elevator deputy chairman slams Kone deal, demands board meeting
29/04/2026 11:19
FRANKFURT, April 29 (Reuters) - The deputy chairman and leading labour representative of TK Elevator, which is to be bought by Finnish peer Kone KNEBV.HE in a $34.4 billion deal, on Wednesday slammed the proposed transaction, calling for an extraordinary board meeting. "I note this announcement with great dismay," said Knut Giesler of German union IG Metall, who also serves as the deputy chairman of TKE's supervisory board. "In this context, we are calling for an extraordinary meeting of the supervisory board to be convened without delay within the next seven days, in order to receive detailed information on the next steps." (Reporting by Christoph Steitz, editing by Thomas Seythal) ((christoph.steitz@thomsonreuters.com))