DP World given competition clearance to press ahead with Silk Logistics takeover
DP World has been cleared to proceed with its US$115m acquisition of Australian container haulage ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
A review and analysis of the some of the largest freight forwarding mergers and acquisition of the past couple of years – chiefly XPO’s $6bn spend on Con-way and Norbert Dentressangle; DSV’s $1.35bn purchase of UTi Worldwide and Echo Global Logistics’ $420m takeover of Command Transportation. All three buyers represent some of the most aggressive corporate growth stories in the business, but the long-term health of the companies is very often determined by the way the integration process is executed.
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