Port privatisation off, but Santos STS10 terminal concession will be up for grabs
Brazil’s Ministry for Ports and Airports has decided to expand the container handling capacity of ...
GM: RAISING THE ROOF GGM: IN FULL THROTTLE GZIM: MAERSK BOOST KNIN: READ-ACROSSMAERSK: NOT ENOUGHMAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT
GM: RAISING THE ROOF GGM: IN FULL THROTTLE GZIM: MAERSK BOOST KNIN: READ-ACROSSMAERSK: NOT ENOUGHMAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT
The value of M&A deals in the logistics sector doubled last year, with more expected in 2016. A PwC report notes that the fourth quarter saw more than 43% of the entire year’s deals. While there were fewer than in the year before, they were larger, and included deals such as XPO’s takeovers of Norbert Dentressangle and Con-way, K+N’s ReTrans buy and, of course, DSV’s acquisition of UTi. A survey by investment bank SDR Ventures, meanwhile, found 45.5% of executives believed consolidation helpful in the fragmented logistics business. And, if all the current market rumours are to be believed, it seems likely that more is to follow.
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