Liftmakers Kone and TK Elevator are attempting to cling on to operations in Spain and Portugal as they prepare to sell assets in search of Brussels’ approval of their €29bn mega-merger, a deal regarded as a key test of the bloc’s willingness to back homegrown champions to take on the US and China. W/ Aaron Kirchfeld + Alexandra Heal + Barbara Moens
Liftmakers Kone and TK Elevator are attempting to cling on to operations in Spain and Portugal as they prepare to sell assets in search of Brussels’ approval of their €29bn mega-merger, a deal regarded as a key test of the bloc’s willingness to back homegrown champions to take on the US and China.
W/ Aaron Kirchfeld + Alexandra Heal + Barbara Moens
Related hub: KONE intelligence hub
Original source: https://www.linkedin.com/posts/activity-7520436226659713025-fWUv