Why China's port giants are sitting out the big M&A cycle
Avoiding the post-mortem
ID 28942053
© Mjth
| Dreamstime.com
Kuehne + Nagel (K+N) management hasn’t been shy talking about transformational M&A that others had up their sleeve in freight forwarding this year.
In fact
Calling itself out of the Schenker race since the early innings of the auction because specialist, niche players are K+N’s mission in deal-making, it was K+N CFO Markus Blanka-Graff preliminarily telling equity analyst in early March that client churn from any Schenker takeover would “help us” grow organically.
That view came well before it was apparent that (then-smaller) ...
Comment on this article