Toshiba Said to Mull Cutting Elevator Unit Stake as Kone Circles

Toshiba Corp. is considering reducing its stake in its elevator unit amid interest in the business from Finland’s Kone Oyj, people with knowledge of the matter said.

By Vinicy Chan, Aaron Kirchfeld, Taro Fuse, Yuki Furukawa · Bloomberg

Toshiba Corp. is considering reducing its stake in its elevator unit amid interest in the business from Finland’s Kone Oyj, people with knowledge of the matter said.