✉news BusinessBusiness first seen 3 h ago, last 38 min ago, peak #1
Kone plans sale of TK Elevator's European business
Original: Kone plans TK Elevator Europe sale to address antitrust concerns, sources say
Finnish elevator maker Kone is preparing to sell TK Elevator's European operations to ease antitrust concerns linked to its acquisition of the company, sources told Reuters. The divestment would aim to satisfy competition regulators who might otherwise block or delay the deal. Details of the buyer and timing have not yet been confirmed.
Why now: Reports of a major divestment to secure regulatory approval for a large acquisition are drawing attention in the business press.
Rank over time, top of the chart is #1. 3 snapshots from 3 h ago to 38 min ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/619778