Analysis: Hapag-Lloyd, CMA CGM, K+N and ‘a remarkable businessman’

While many investors and financial analysts have their eyes on Kuehne Nagel’s (K+N) interim results, due to be published tomorrow, I’m still digesting the remarks of Klaus-Michael Kuehne, K+N’s honorary chairman and majority shareholder, following the recent rumours that CMA CGM had talked M&A with Hapag-Lloyd.
Mr Kuehne, who is personally invested in Hapag, reportedly said “Hapag-Lloyd would rather take over CMA CGM”, than the other way around.
And Hapag chief executive Rob …

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Source: The Loadstar

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