Kone - Dedicated to People Flow

Toshiba is reportedly considering reducing its stake in its elevator unit, Toshiba Elevator and Building Systems. Kone is a strong candidate for the acquisition, as it already owns about a fifth of the unit. The Bloomberg article is behind a paywall.

Kone has no business operations of its own in Japan.

https://www.bloomberg.com/news/articles/2026-02-17/toshiba-said-to-mull-cutting-elevator-unit-stake-as-kone-circles

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