Kuehne + Nagel – 'worse' than DSV ...and also Nestlé?
Depressed and depressing but still yielding
With its stock still trading closer to the lows for the year than its highs, currently changing hands at Sfr247.5, the restructuring of Sfr30bn-market-cap Kuehne + Nagel (K+N) progresses and there are signs “everything is going smoothly”, according to sources in our marketplace.
While phase 1.0, call it that, based on the material sighted by Premium, hinged on identifying which countries would report to which executive as part of the management team, now there’s more clarity on how the organisation ...
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