Lift maker Kone close to finalising €29bn deal to buy TK Elevator
Transaction would mark a successful sale of German company by private equity firms Advent and Cinven
Transaction would mark a successful sale of German company by private equity firms Advent and Cinven
Incentives to replace ageing equipment set to help compensate for still-sluggish property sector
Lenders have been snapping up businesses formerly owned by buyout firms at a record rate
Buyout firms see opportunities to improve performance at non-core divisions of region’s remaining conglomerates
Sweden-based buyout firm made ‘final’ offer of £60 a share for UK company
The combination would create the world’s largest elevator maker and marks one of Europe's biggest takeovers in recent years.
Blackstone and KKR among the groups preparing to take control of Colisée and inject more than €250mn
