Thyssenkrupp-Kone elevator merger ‘would trigger legal war’ Schindler

  • Date: 14-Feb-2020
  • Source: Arab News
  • Sector:Economy
  • Country:UAE
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Thyssenkrupp-Kone elevator merger ‘would trigger legal war’ Schindler

Besides selling all or part of the business, Thyssenkrupp is considering an initial public offering, though sources said this option was less likely.. Kone has made a non-binding bid of €17 billion while the consortium has offered about €16 billion.. Lebanon weighs defaulting Eurobond next month /node/1627371/business-economy. BEIRUT: Lebanon's finance minister said Thursday that its new government is weighing whether to pay or default on its $1.2 billion Eurobond maturing next month, amid an economic crisis that has sparked months of unrest.. The new government, headed by Prime Minister Hassan Diab, was voted into office earlier this week by Parliament and is facing snowballing political and economic crises.. On Wednesday, the International Monetary Fund said that Lebanese authorities had requested its technical advice on macroeconomic issues facing the country.. "IMF stands ready to assist Lebanon," Gerry Rice, IMF spokesman tweeted Wednesday.. "Any decisions on debt are the authorities', to be made in consultation with their own legal and financial advisers.".