News / UTi Worldwide on DSV's shopping list? Takeover talks took place, it is revealed

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Danish 3PL and road haulage company DSV and US forwarder UTi have revealed they held acquisition talks earlier this year.

Although a statement from UTi denied that the talk ever reached an advanced stage, it did confirm discussions had taken place.

“Although UTi can confirm that exploratory conversations have taken place between the companies, in response to an inquiry from DSV, those discussions never progressed beyond a preliminary stage. Currently there are no discussions taking place between the companies,” UTi said in ...