Deals

Kone’s Latest TK Elevator Pitch Helps Lift M&A Market

Finland-based Kone has been pursuing TK Elevator for at least six years.

A 200-meter-deep elevator test shaft sits in the Kone Oyj High Rise Laboratory in Tytyri, Finland, on Tuesday, March 6, 2018.Photographer: Roni Rekomaa/Bloomberg

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By Aaron Kirchfeld and Eyk Henning

March 17, 2026 at 6:31 PM UTC

This article is for subscribers only.

Hi, it’s Aaron Kirchfeld in London and Eyk Henning in Frankfurt, looking at what could be one of the biggest European M&A deals of the year. Also today, the Janus bidding war heats up with a fresh Victory Capital offer.

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