Kuehne Holding AG has acquired a stake of around 20% in the German company VTG AG. According to our estimates, the company paid €26 per share, or around €149.6m for the stake. Based on the dividend of €0.50, Kuehne Holding will generate a dividend yield of 1.9% (AGM on 31 May). Kuehne Holding AG is privately owned by Michael Kuehne. Kuehne Holding AG owns a portfolio of different companies such as Kuehne + Nagel AG (majority shareholder), around 20% in Hapag Lloyd AG as well as
23 May 2016
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Kuehne & Nagel International AG (0QMW:LON) | 0 0 0.5% | Mkt Cap: 19,620m
- Published:
23 May 2016 -
Author:
Heinz Steffen -
Pages:
2
Kuehne Holding AG has acquired a stake of around 20% in the German company VTG AG. According to our estimates, the company paid €26 per share, or around €149.6m for the stake. Based on the dividend of €0.50, Kuehne Holding will generate a dividend yield of 1.9% (AGM on 31 May). Kuehne Holding AG is privately owned by Michael Kuehne. Kuehne Holding AG owns a portfolio of different companies such as Kuehne + Nagel AG (majority shareholder), around 20% in Hapag Lloyd AG as well as