Otis Taiwan Completes the Acquisition of Jardine Schindler Lifts Limited in Taiwan [Yahoo! Finance]
Otis Worldwide Corporation (OTIS)
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Source: Yahoo! Finance
Otis Taiwan is a subsidiary of Otis Worldwide Corporation (NYSE: OTIS), the world's leading company for elevator and escalator manufacturing, installation and service. Jardine Schindler's elevator and escalator business in Taiwan , with approximately 200 employees, serves customers through its four branches. This acquisition marks a significant milestone in Otis' commitment to the region , our customers, our colleagues, and other stakeholders. It further strengthens our presence in Taiwan and will be complementary in terms of customer coverage and operational capacity." said Hemant Jolly , Vice President, Strategy & Corporate Development – Otis, Asia Pacific. "Otis has been present in Taiwan since 1963 and has a long history of serving customers here," said Michael Lee , Vice President and Managing Director, Otis Hong Kong, Macau Taiwan . "Through this acquisition, we look forward to welcoming our new colleagues from Jardine Schindler Lifts Limited in Taiwan At the same time, we
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- Otis Worldwide Co. (NYSE: OTIS) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $110.00 price target on the stock.MarketBeat
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OTIS
Earnings
- 7/24/24 - Beat
OTIS
Sec Filings
- 9/20/24 - Form 8-K
- 9/16/24 - Form 144
- 9/4/24 - Form 144
- OTIS's page on the SEC website