KONE : KONE expresses an interest in thyssenkrupp Elevator Technology
>KONE confirms its interest in thyssenkrupp Elevator - In an interview in Handelsblatt, CEO Henrik Ehrnooth, indicated that KONE and thyssenkrupp’s Elevator Technology division were a good business fit and a tie-up would make sense from an industrial viewpoint. Moreover, the CEO thinks that a tie-up could be validated by the anti-trust authorities because the market is very fragmented. Other sources have indicated to the paper a price of around € 15bn. Even though the...KONE is an elevator and escalator industry group based in Finland. Co. is engaged in the provision of products and services for the installation, modernization and maintenance of elevators, escalators and automatic building doors. Co. provides its products and services throughout the entire lifecycle of the equipment, beginning from the installation of new equipment to the maintenance and modernization during their lifecycle and the full replacement of the equipment. Co.'s customers are active in industry segments such as residential, office, retail, public transportation, hotel, hospital, and marine.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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