No Kuehne counter offer on table for Hamburg port operator - authority

Hamburger Hafen und Logistik AG

14/09/2023 12:11

BERLIN, Sept 14 (Reuters) - The city of Hamburg's
economy authority said there was no counter offer on the table
from billionaire logistics investor Klaus-Michael Kuehne for a
majority stake in the HHLA port operator, in an emailed
statement to Reuters on Thursday.
    On Wednesday, Kuehne, who owns a 30% stake in Hapag-Lloyd
 HLAG.DE , said he was examining a public takeover bid of his
own after Swiss-based MSC offered to buy almost half of the HHLA
in a deal with the local Hamburg government.

 (Reporting by Jan C Schwartz, Writing by Rachel More, Editing
by Miranda Murray)
 ((rachel.more@thomsonreuters.com;))