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Kuehne + Nagel QA Profit Rises, Proposes Dividend; Says Confident Of FY21 EBITDA increased 6.8 percent to 521 million francs from 488 million francs last year. Net turnover grew 5.5 percent to 5.54 billion francs from prior year s 5.26 billion francs. Further, the Board of Directors proposed a dividend of 4.50 francs per share to the Annual General Meeting to be held on May 4. Looking ahead, Joerg Wolle, Chairman of the Board of Directors, said, We were able to close the year 2020 with a record operating result - this shows the strength and resilience of our company. . With the successful completion of the restructuring of Contract Logistics, we are now ideally equipped for continued positive development. In view of Asia being the world s fastest growing economic region, the announcement of the acquisition of Apex Logistics in February 2021 is a significant milestone. The Board of Directors looks forward to the year 2021 with confidence. ....
Swiss logistics firm Kuehne & Nagel said on Monday it would buy Asian logistics provider Apex International Corp from private equity firm MBK Partners, its largest acquisition to date. ....
Swiss logistics firm Kuehne & Nagel said on Monday it would buy Asian logistics provider Apex International Corp from private equity firm MBK Partners, its largest acquisition to date. ....
BEIJING (dpa-AFX) - Swiss logistics firm Kuehne + Nagel (KHNGY) agreed to acquire Chinese freight company Apex International Corp. They did not disclose any further transaction details.Kuehne ....