K+N not interested in TNT’s logistics business
Mergers & acquisitions
Swiss logistics firm Kuehne + Nagel has said it is not interested in bidding for TNT’s logistics business, according to reports. Rumors were circulating that K+N may be interested in acquiring the division due to the convergence of interests between the two businesses. However, Reuters has indicated that the firm is focusing its attentions specifically on the Asia-Pacific area and would not want to take on TNT’s global business.
Swiss logistics firm Kuehne + Nagel has said it is not interested in bidding for TNT’s logistics business, according to reports. Rumors were circulating that K+N may be interested in acquiring the division due to the convergence of interests between the two businesses. However, Reuters has indicated that the firm is focusing its attentions specifically on the Asia-Pacific area and would not want to take on TNT’s global business.









