# No Kuehne counter offer on table for Hamburg port operator – authority
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2023-09-14
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: No Kuehne counter offer for Hamburg port operator -
Meta Description: Hamburg's economy authority confirms no bid from Klaus-Michael Kuehne for HHLA; Kuehne considers public takeover bid after MSC's offer.
URL: https://financedigest.com/no-kuehne-counter-offer-on-table-for-hamburg-port-operator-authorityhtml

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BERLIN (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, 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)


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