Comment / M&A radar: DSV Panalpina – the 'brain drain' spreads to Toronto, with K+N & Flexport sniffing

It’s officially DSV against DSV in the integration of Panalpina. Acting at the speed of light, the Danes are fighting against time to deliver value to their shareholders and I’m sorry for the bears, but their commitment and modus operandi have been outstanding in just under 60 days since the deal settled.

Now, according to sources, even in places such as Canada where staff overlaps were not expected to be meaningful and cuts were thought to be on a smaller scale, ...