News / DSV-Panalpina deal could get 'messy' as the offer is considered

A response to DSV’s Sfr170 per share bid for Panalpina is expected on Friday – but analysts and investors are increasingly asking who, exactly, will respond.

Last week’s news that DSV was looking to buy the Swiss 3PL triggered a flurry of talk about the deal, while Panalpina issued a simple statement saying it was considering the merits of the offer.

However, crucially, there has as yet been no response from the Swiss forwarder’s 45.9% controlling shareholder, the Ernst Göhner Foundation.

Sources told ...