ANALYSIS: Thousands of jobs worldwide could be lost in DSV's takeover of UTi

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A few things caught my attention when the $1.35bn acquisition of US-based UTi Worldwide by Danish 3PL and road haulage company DSV was announced last week.

First, the timing of the deal is smart as it precedes a quarterly update on October 28 that might have left a bitter taste in the mouth of DSV investors.

True, DSV is in great shape, but it has been spending a lot of cash recently to buy back its own stock, which has become increasingly ...