BUZZ — Kuehne+Nagel rises after long — term Amazon collaboration deal

(Adds potential worth of deal in third bullet, updates share move and milestones) * Shares in Kuehne+Nagel are up 5.7%, after the Swiss logistics group announced a long-term strategic collaboration with Amazon * Kuehne+Nagel says the deal includes Amazon Web Services, covering cloud infrastructure logistics from construction and equipment deployment to maintenance, upgrades and expansion projects * For Kuehne+Nagel, Amazon generates revenue in the high triple-digit million dollars area, could become several billions thanks to the deal * Brokerage Vontobel says the agreement highlights Kuehne+Nagel's "strong and growing position" in profitable data centre infrastructure logistics * It says the expanded relationship is likely to further accelerate growth in Kuehne+Nagel's data centre business * The collaboration is supported by a call option on existing Kuehne+Nagel shares, with vesting based on commercial milestones and services over up to seven years * Share on track for its best day since February 2023, when it closed 7.8 % higher * Up to the previous session's close, shares were up 26%​ YTD (Reporting by Basile Day) ((Basile.Day@thomsonreuters.com)