Aapeli has written his own comprehensive comments on how KONE is believed to be bidding for TK Elevator (formerly Thyssen Elevator). 
According to a Bloomberg report, KONE is reportedly exploring possibilities to make an offer for TK Elevator (formerly Thyssen Elevator), which has also been rumored to be listed on the stock exchange. The matter was last on the table in 2020, when KONE, however, withdrew from discussions and the business ended up with a consortium of private equity investors. Based on current information, KONE’s considerations appear to be still in an early stage. In our view, the situation is largely similar to before, which means we see the benefits of a merger as clear, but its risks remain somewhat unchanged in our opinion.