HAMBURG Rail logistics group VTG said on Tuesday that Morgan Stanley Infrastructure should sweeten its takeover offer but added the suitor had not shown any willingness to do so.
FRANKFURT Morgan Stanley Infrastructure announced a cash takeover offer for rail logistics group VTG on Monday after securing a large stake from German billionaire Klaus Michael Kuehne.
FRANKFURT, July 16 Warwick Holding GmbH, a unit
of Morgan Stanley Infrastructure, on Monday announced a cash
takeover offer for shares of VTG it does not already
own at 53 euros ($61.97) apiece.