Kone has secured six merger clearances for TK Elevator deal, CEO says
By Anna Ferrari ( October 28, 2026, 11:24 GMT | Insight) -- Finnish elevator maker Kone has secured six merger-control clearances for its €29.4 billion acquisition of rival TK Elevator while EU prenotification discussions continue, it said Wednesday during a results call. Chief executive Philippe Delorme said potential divestments had been anticipated from the outset. The deal is expected to close earliest by the second quarter of 2027.Finnish elevator maker Kone has secured six merger-control clearances for its €29.4 billion ($32.7 billion) acquisition of German rival TK Elevator and is holding prenotification discussions with the European Commission, company executives said Wednesday during a financial results call....
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