IPO
TKE Owners Select Financial Advisors for Planned IPO
Advent International and Cinven, owners of TK Elevator (TKE) — formerly part of ThyssenKrupp AG — have selected Rothschild & Co. and Lilja & Co. as independent financial advisors for...
Reports Indicate KONE Interested in Potential Bid for TKE
According to a report by MarketScreener using sources cited by Bloomberg News, KONE is once again evaluating a potential bid for its rival TK Elevator (TKE). KONE is said to...
India’s L.T. Elevator Planning Upcoming IPO
L.T. Elevator Ltd., a prominent player in India’s vertical-transportation industry specializing in the design and manufacture of elevators, escalators and related components, is preparing to launch an initial public offering...
TKE Owners In Talks With Banks Ahead of Possible IPO
Private equity groups Advent and Cinven are in talks with banks as they begin laying the groundwork for a public listing of TK Elevator (TKE), a move that could rank...
TKE Considering US$22.7-Billion IPO in U.S. in 2026
Germany’s TK Elevator (TKE), the fourth-largest elevator maker in sales behind U.S.-based Otis, Switzerland’s Schindler and Finland-based KONE, is considering an initial public offering (IPO) in the U.S. in 2026, Reuters reports....
