UBS goes top of table with rare €865m Kone ABB for Toshiba

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UBS goes top of table with rare €865m Kone ABB for Toshiba

A quiet patch for block trades was broken on Tuesday evening when UBS launched an €865m accelerated bookbuild in Kone Corp, the Finnish maker of lifts — an exceptionally rare deal in the stock, which has a €20bn market capitalisation.

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