News / DSV wins the battle to take over Panalpina in $4.72bn deal

01/04/2019

Denmark’s DSV and Switzerland’s Panalpina announced today they had “agreed to join forces”, in a deal that values Panalpina at about Sfr4.7bn ($4.72bn), excluding debt considerations. It is effectively a takeover of the latter by the former, where significant cost savings will be targeted.

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