Finland’s Kone to buy German rival TK Elevator in blockbuster $34.4 billion deal
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Source: CNBC
Published: 2026-04-29 17:02 UTC+10:00
Section: General
Factuality Score: 90
Opinion Category: Neutral
Topics: Europe, Germany, Business & Economy
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Snippet:
Finland's Kone has agreed to buy German rival TK Elevator in a deal valued at 29.4 billion euros ($34.4 billion), marking one of Europe's biggest takeover agreements in recent years.
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