Comment / Against the odds: Enter the Chinese mammoth and goodbye Kerry Logistics

Of all the M&A-related stories, the outcome for Hong Kong’s Kerry Logistics Network is currently the hardest to call.

Odds

Certain signs point to its days on the stock market being numbered, with the world of logistics conceivably losing a third major public player since 2019 in the wake of the takeovers of Panalpina by DSV and Ceva Logistics by CMA CGM, if its suitor SF Holding makes an offer for the equity that isn’t owned by the controlling family. That’s one ...