Macro Finance
US Opens In-Depth Antitrust Review of Kone-TK Elevator Deal
Bloomberg Markets·August 11, 2026·1 min read
The US Justice Department is investigating Kone Oyj's €29.4 billion ($34.4 billion) purchase of rival TK Elevator. The in-depth antitrust review puts pressure on a deal that would create the largest elevator manufacturer in the world. The investigation will examine potential competitive concerns in the elevator market.
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