Germany's TK Elevator says no decision taken yet on future course

Otis Worldwide Corporation
Schwab Strategic Tr Us Tips ETF

Otis Worldwide Corporation

OTIS

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Schwab Strategic Tr Us Tips ETF

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- German lift maker TK Elevator said in a statement on Tuesday that no decision has been taken yet on its future course, with an initial public offering (IPO) remaining one of the strategic options.

Bloomberg News reported this month that Finland's Kone was in talks to buy TK Elevator (TKE), citing sources familiar with the matter.