No Kuehne counter offer on table for Hamburg port operator - authority
- Country:
- Germany
The city of Hamburg's economy authority said there was no counter offer on the table from billionaire logistics investor Klaus-Michael Kuehne for a majority stake in the HHLA port operator, in an emailed statement to Reuters on Thursday.
On Wednesday, Kuehne, who owns a 30% stake in Hapag-Lloyd , said he was examining a public takeover bid of his own after Swiss-based MSC offered to buy almost half of the HHLA in a deal with the local Hamburg government.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- Kuehne
- Hapag-Lloyd
- Swiss
- Hamburg
- Klaus-Michael Kuehne
- HHLA
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