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Fight over German forwarder intensifies after Kühne statements

Klaus-Michael Kühne cannot allow a competitor to acquire DB Schenker without putting up a fight, deems one analyst. But DSV is still frontrunner.
Klaus-Michael Kühne is main owner of the world's largest freight forwarder, Kuehne + Nagel, and a major shareholder at Hamburg carrier Hapag-Lloyd. | Photo: Axel Heimken/AP/Ritzau Scanpix
Klaus-Michael Kühne is main owner of the world's largest freight forwarder, Kuehne + Nagel, and a major shareholder at Hamburg carrier Hapag-Lloyd. | Photo: Axel Heimken/AP/Ritzau Scanpix
by NIKLAS KRIGSLUND

German billionaire Klaus-Michael Kühne is apparently weighing all options for joining the fight to buy freight forwarder DB Schenker.

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