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News today that Switzerland’s Kuehne + Nagel (K+N) struck a bolt-on acquisition in South Africa for a local forwarder confirms this year’s narrative in M&A, just as two of our guest contributors hinted on 23 December, when their prediction was for mid-sized deals to power deal-making in 2023.
If anything, that view was only mildly bullish based on H1 23 patterns.
The Morgan Cargo purchase by K+N – financial terms are unknown – follows last week’s disclosure of three minor transactions executed* ...
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