No Kuehne counter offer on table for Hamburg port operator - authority
- Country:
- Germany
The city of Hamburg's economy authority said there was no counter offer on the table from billionaire logistics investor Klaus-Michael Kuehne for a majority stake in the HHLA port operator, in an emailed statement to Reuters on Thursday.
On Wednesday, Kuehne, who owns a 30% stake in Hapag-Lloyd , said he was examining a public takeover bid of his own after Swiss-based MSC offered to buy almost half of the HHLA in a deal with the local Hamburg government.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- Kuehne
- Hapag-Lloyd
- Swiss
- Hamburg
- Klaus-Michael Kuehne
- HHLA
Advertisement
ALSO READ
Karnataka's Biotech Leap: Anabio's Swiss Acquisition Fuels Indo-Swiss Innovation
Swiss-Polish Ammo Export Controversy: Legal Clash Amid Ukraine Conflict
Landmark Bribery Trial of Trafigura Unfolds in Swiss Court
Swiss Court Unveils Landmark Bribery Case Against Trafigura
Multinational Faces Swiss Criminal Trial Over Angola Bribery Claims