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German billionaire Kuehne dies at age 89, Manager Magazin reports

German billionaire Kuehne dies at age 89, Manager Magazin reports

- German billionaire Klaus-Michael Kuehne, the controlling shareholder of Swiss logistics group Kuehne + Nagel KNIN.S, has died aged 89, German media outlets including Manager Magazin and Handelsblatt reported on Monday.

The company as well as his holding company did not immediately respond to requests for comment. Kuehne's foundation did not have an immediate comment.


(Reporting by Ludwig Burger, editing by Friederike Heine)

((ludwig.burger@thomsonreuters.com))

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