DSV completes DB Schenker buy as it notes strong Q1 performance by Air & Sea
Danish 3PL DSV formally completed its €14.3bn ($16.3bn) acquisition of German peer DB Schenker today, ...
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Every little helps.
One 52-week high after another, it has been a week to remember for DSV, now valued solidly at over Dkr1,400 a share.
And with it, yesterday came a speculative note from the sell-side that surely contributed to its recent strength.
Headed “DSV – Earnings accretion scenarios in a hypothetical DB Schenker [DBS] tie-up“, it was that kind of comprehensive work from UBS that actually leaves you wondering, ’why not?!’.
Momentum is there on the Danish front: with Q2 23 closing today, ...
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