Tiger Brokers

TK Elevator Chooses Banks For IPO, Bloomberg Says, Citing Sources

Dow Jones
Feb 06

--TK Elevator's owners have chosen some banks for an initial public offering in Frankfurt, Bloomberg reports, citing unnamed sources.

--Goldman Sachs, Deutsche Bank, Morgan Stanley, Barclays and UBS are the global coordinators on the listing, which could take place later in 2026, according to Bloomberg.

--The company could be valued at around 25 billion euros ($29.45 billion), and more banks could be added later, Bloomberg reports.

Full story: https://shorturl.at/PJ4sv

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

(END) Dow Jones Newswires

February 06, 2026 05:37 ET (10:37 GMT)

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