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22 October 2019 The on-line newspaper devoted to the world of transports 23:02 GMT+2

October 26, 1998

Rumors about alliance between Nedlloyd and Kühne & Nagel

Nedlloyd is in discussion with Kühne & Nagel about a possible alliance. Last Friday this news caused a sudden rise in the price of Nedlloyd shares on the Amsterdam Stock Exchange.
This sparked off a price rise of 13 percent to well over NLG 24 ($ 12). Since its peak at NLG 52 ($ 26) at the end of March, 1998 and its subsequent continuous decline ......
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