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Kuehne+Nagel Weighs Options For Apex Logistics Unit

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Deals Kuehne+Nagel Weighs Options For Apex Logistics Unit Kuehne+Nagel International AG is considering strategic options for its Apex Logistics unit, an Asia-focused freight forwarder, people with knowledge of the matter said. Kuehne+Nagel has been discussing options with potential advisers, including the sale of a roughly 20% stake in the business, according to the people.

Deals Kuehne+Nagel Weighs Options For Apex Logistics Unit Kuehne+Nagel International AG is considering strategic options for its Apex Logistics unit, an Asia-focused freight forwarder, people with knowledge of the matter said. Kuehne+Nagel has been discussing options with potential advisers, including the sale of a roughly 20% stake in the business, according to the people. It’s also been weighing a listing of Apex in Hong Kong, they said.
Kuehne+Nagel Weighs Options For (ORG) Apex Logistics Unit (ORG) Apex Logistics (ORG) Asia (LOCATION) Kuehne+Nagel (ORG) Apex (ORG) Hong Kong (LOCATION)
Originally published by Bloomberg Markets Read original →