DSV + Schenker's 3.2x corporate multiplier – white-collars at risk
Let’s look
On 1 February 2024, Jens Lund, the newly appointed DSV CEO – previously group COO, and group CFO – didn’t waste a second…
… in informing the market that the Danish forwarder was certainly ready to do deals, “also big ones”, according to a Reuters flash headline that hit the wires ahead of mixed Q4/annual numbers.
How brave that was is embedded in the short-lived stock action.
A little bump to close at Dkr1,255.5 on that day, DSV never returned to that splendour. ...
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