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Ministry of Trade and Industry and KONE Agree on Sale of Partek Shares

Ministry of Trade and Industry and KONE Agree on Sale of Partek Shares

Stock Exchange Release Published 21/05/2002

Representatives of the Ministry of Trade and Industry and KONE Corporation have signed a preliminary agreement by which the Government of Finland will sell its 30.2 percent shareholding in Partek Corporation to KONE Corporation. Final approval for the reorganization of ownership will be given no later than Thursday by meetings of the Council of State and KONE’s Board of Directors.
Sender:
KONE Corporation
Tapio Hakakari
Director, Secretary to the Board of Directors
Annamari Lammassaari
Vice President, Corporate Communications