MBK exits China's Apex International
MBK Partners has agreed to sell Apex International, China’s second-largest air freight forwarder, to Swiss logistics giant Kuehne + Nagel.
Financial details have not been disclosed, although a number of media reports have valued the deal at about $1.5 billion. MBK acquired the company, also known as Apex Logistics, in 2015 for $84.5 million...
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