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Kone Bid for Thyssenkrupp Below Expectations - Handelsblatt

Steel News - Published on Fri, 18 Oct 2019

Image Source: Reuters
Business daily Handelsblatt reported that Finland’s Kone has submitted a bid for the elevator division of German industrial group Thyssenkrupp that is 1 to 2 billion euros below those by private equity suitors. The Newspaper said that Kone’s offer of about 15 billion euros is surprisingly low citing company and industry sources.

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Posted By : Rabi Wangkhem on Fri, 18 Oct 2019
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