Comment / How crazy is this: DSV goes hostile on Expeditors or CH Robinson?

ID 96947152 © Ian Dyball | Dreamstime.com

It’s a recurring theme for die-hard sources in our marketplace: for M&A-hungry DSV to grow inorganically, the thinking goes, it would make a lot of sense to target a US-listed 3PL, either Expeditors (EXPD) or CH Robinson (CHRW).

Particularly the (weakened) latter now, whether or not a friendly approach is doable.

Hostile

However, several investors disagree, thinking that unfriendly corporate action is not the way to go, while a few others aren’t even sure big deals are strategically relevant, let alone value-accretive, in ...