Toshiba Elevator and Building Systems Corporation (TELC) and KONE enter into capital alliance

Toshiba Elevators and Finnish KONE invest in each other Toshiba Elevators sends one Director to KONE’s Board, and KONE sends two Directors to Toshiba Elevator’s Board On December 20, 2001, Toshiba Elevator and KONE announced, that in March 2002,: TELC will issue new shares and increase its capital, and KONE will acquire a 20% holding […]

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