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Kone's Uplift, Aston Martin Stalls, UBS Beat
Published 3 days, 19 hours ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Kone agreed to acquire TK Elevator for €29.4 billion ($34.4 billion) including debt, in what will be one of Europe’s biggest-ever private equity exits.
- Aston Martin Lagonda Global Holdings reported another quarterly loss as billionaire Lawrence Stroll’s consortium put up a further £50 million ($68 million) in an attempt to ease the pressure on the embattled carmaker.
- UBS Group AG traders helped drive profit in the first quarter, keeping the Swiss wealth manager on track to increase payouts to investors this year.
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