News / DSV's 'opening gambit' for Panalpina could trigger rival bids

Diane Picard

16/01/2019

DSV’s offer yesterday of CHF170 per share for Panalpina – thought to be an “opening gambit” ? would create the third largest global freight forwarder by revenue, behind DHL and Kuehne + Nagel.

But analysts think DSV’s move, revealed last night by Loadstar Premium, could trigger a bidding war for the Swiss forwarder, with Kuehne + Nagel (K+N) most ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.

Current subscriber

New subscriber