News / Battle for control of Panalpina heats up as decision on Agility or DSV looms

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Whether Panalpina’s future partner is Agility or DSV could be decided at an extraordinary general meeting, a week today.

Research documents from two corporate governance companies, seen by The Loadstar, reveal considerable concerns over Panalpina’s major shareholder, the Ernst Göhne Foundation and its attempt to change voting rights at the EGM. 

The foundation, which has a 45.9% share, seemingly wants to improve corporate governance by introducing ‘one share, one vote’. Panalpina currently has a 5% voting cap in place that applies to all shareholders except for ...