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Kone will buy German rival TKE in a share-and-cash transaction valued at €29.4 billion ($34.4 billion).
Published Apr 29, 2026, 5:34 AM EDT | WFMZZ
Finnish lift maker Kone on Wednesday announced it will acquire German rival TKE in a major share-and-cash transaction. The deal values TKE at 29.4 billion euros ($34.4 billion) and combines the two companies into a global industry leader.
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