In general, we at Schindler don’t comment on market rumors. As potential movements in the elevator and escalator market have been spurring speculations, we are compelled to state that assumptions made in a recent “The Market“ article “Schindler, Kone & Co: Konsolidierungswelle unter den Liftherstellern” are unsubstantiated and factually wrong. We have not mandated Bank Rothschild and are not in merger talks with Mitsubishi Elevators.
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