Finance

Kone Is Said to Near €29 Billion Deal for Rival TK Elevator

Kone Oyj is nearing a cash-and-stock deal to acquire TK Elevator, people familiar with the matter said, in what will be one of the biggest-ever private equity exits in Europe.

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Bloomberg
April 28, 2026·1 min read
Kone Is Said to Near €29 Billion Deal for Rival TK Elevator

Image: Bloomberg

Kone Oyj is nearing a cash-and-stock deal to acquire TK Elevator, people familiar with the matter said, in what will be one of the biggest-ever private equity exits in Europe.

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Kone Is Said to Near €29 Billion Deal for Rival TK Elevator

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