Mega elevator deal: Finnish lift maker Kone acquires German rival TKE in €29.4bn deal [Yahoo! Finance]
Estee Lauder Companies, Inc. (The) (EL)
Last estee lauder companies, inc. (the) earnings: 5/1 06:45 am
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Source: Yahoo! Finance
The group formed by the merger will be nearly twice the size of the current KONE group, with more than 100,000 employees in over 100 countries and an annual revenue of around €20.5bn, the two companies said in a statement. A consortium including the private equity groups Advent and Cinven owns TKE. The new group will be based in Finland and led by KONE's current French chief executive, Philippe Delorme. Related Estée Lauder and Puig in €35bn merger talks to combine major beauty brands Deutsche Telekom eyes full T-Mobile merger in what could be the biggest deal in history “This industry-revitalising transaction brings together two exceptional global businesses with highly complementary geographic footprints and innovation platforms,” the joint statement said. The acquisition makes KONE gain strong access to markets in the Americas and to profitable service and maintenance contracts. “KONE's presence in Asia is complemented by TKE's footprint in the Americas, and TKE op
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EL
Earnings
- 2/5/26 - Beat
EL
Sec Filings
- 4/24/26 - Form SCHEDULE
- 4/10/26 - Form 4
- 4/10/26 - Form SCHEDULE
- EL's page on the SEC website