M&A and away as Kuehne stays ahead of DSV
Bolt-on, out of the blue
Buried in a seemingly routine Friday update concerning the “Russian Federation” and others came the latest headline news worth chasing about Kuehne + Nagel in the Commonwealth of Independent States (CIS).
Without adding colour to a side deal that may be more significant than it may look at first glance (particularly if conflict and sanctions spread to other hubs around the world), the Swiss 3PL said it had “signed an agreement today [3 June] to sell its business in Russian Federation ...
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