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Ilkka Sinervä has written an article about Kone and the possibility of Kone making a takeover bid for it.. :slight_smile:

Angervuo describes TK Elevator’s sales price of up to 28–31 billion euros as a high threshold for Kone.

”If and when the purchase price for TKE is around 30 billion, then the acquisition of the entire company might prove too heavy or perhaps even overwhelming for Kone,” Angervuo estimates.

Subheadings:

  1. Price Tag 30 Billion
  2. Market Value from Operating Margins
  3. Will Kone Buy the American Operations?
  4. Saudi Investor Has a Stake in TKE
  5. The Wallenbergs Buying the Elevator Company
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