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Update: Market Chatter: Kuehne+Nagel in Talks with Potential Advisers on Options for Apex Logistics

MT Newswires·07/23/2026 10:08:15
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10:08 AM EDT, 07/23/2026 (MT Newswires) -- (Updates with Kuehne+Nagel's statement) Kuehne+Nagel International (KNIN.SW) is exploring strategic options for its logistics and supply chain business, Apex Logistics, with potential advisers, Bloomberg News wrote Thursday, citing people with knowledge of the matter. Options include the Swiss logistics giant's sale of a 20% stake in the business and a listing in Hong Kong, the sources said. Talks are ongoing, with no final decisions made. Kuehne+Nagel told MT Newswires it does not comment on market rumors or speculation. "Apex remains a strong strategic fit for Kuehne+Nagel, complementing our global air logistics network footprint and supporting our growth ambitions in Asia and globally," a spokesperson added. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)