With the potential merger of Kone and ThyssenKrupp, there is a high chance that in some countries Kone would have to divest some activities to obtain the competition authorities’ approval for the deal. Much as CRH did in buying assets from LafargeHolcim, Schindler could be selective in buying assets from Kone/ThyssenKrupp. Therefore we believe that Schindler would be the true winner of such a merger and we intend to keep a positive recommendation on the company.
18 Sep 2019
H1 19: Schindler ought to be the winner of the Kone/ThyssenKrupp merger
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H1 19: Schindler ought to be the winner of the Kone/ThyssenKrupp merger
Schindler Holding AG Pref (SCHPN:MEX) | 0 0 0.0%
- Published:
18 Sep 2019 -
Author:
Felix Brunotte - Pages:
With the potential merger of Kone and ThyssenKrupp, there is a high chance that in some countries Kone would have to divest some activities to obtain the competition authorities’ approval for the deal. Much as CRH did in buying assets from LafargeHolcim, Schindler could be selective in buying assets from Kone/ThyssenKrupp. Therefore we believe that Schindler would be the true winner of such a merger and we intend to keep a positive recommendation on the company.