Business Services Industry

ThyssenKrupp AG sells 5% stake in KONE Corporation to UBS AG

Nordic Business Report, Feb 20, 2002

NORDIC BUSINESS REPORT-20 February 2002-ThyssenKrupp AG sells 5% stake in KONE Corporation to UBS AG (C)1994-2002 M2 COMMUNICATIONS LTD http://www.m2.com

The German company ThyssenKrupp AG has sold its 5.05% stake in the Finnish lifts and escalators maker KONE Corporation to the Swiss financial firm UBS AG.

Thyssen is a competitor to KONE.

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COPYRIGHT 2002 M2 Communications Ltd.
COPYRIGHT 2008 Gale, Cengage Learning

 

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