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I have covered Kuwaiti infrastructure and logistics group Agility long enough to know that the company is neither actively looking for buyers, nor is it a takeover target that can be had for a tiny premium. The logistics company actually believes, I was told, it could be a great time to add logistics assets under its belt.

‘I almost fell off my chair’

When asked about a possible tie-up of its air and ocean freight units with Panalpina, a source close to the ...

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