UPDATE 2-Kone to sell units with 1 bln euro sales

Newswire

(Adds quotes, details, shares) By Brett Young HELSINKI, June 26 (Reuters) - Finnish engineering group Kone said on Thursday it aimed to sell off two units with more than one billion euros ($1.16 billion) in net sales to focus on core areas such as elevators and lighten its debt load. The sale of the Valtra tractors unit and the Forest Machines division would lop off around one-quarter of the firm's annual sales, and the company said it would likely be sealed within a couple of months. ...

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