Comment / Market Insight: DSV vs CMA CGM & CEVA – a bidding war in the making

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DSV’s last word on CEVA Logistics was on Tuesday, before CMA CGM’s surprising offer emerged today, when the Danish logistics firm indicated it had given up in its pursuit.

“Based on the unwillingness of the board of directors of CEVA to engage directly with DSV at the price per share offered, we have decided not to pursue an acquisition of CEVA.”

But today came another twist, and the mating game became a minefield for DSV, whose stock fell below Dkr500 for the first ...

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  • Andreas Kout

    October 26, 2018 at 1:59 pm

    Hello.
    People familiar with the Ceva freight management are telling us dont put your
    eyes or attention to this, as this arm is not working well, unprofessional
    at submarginal bottom line.
    So buying into this would only a fool do!
    regards
    A.Kout

    • Ale Pasetti

      October 29, 2018 at 11:38 pm

      Then, Andreas, I think we agree DSV would be the ideal buyer…! Thanks for your comment.

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Topics

Ceva Logistics CMA CGM DSV Financial footings Takeover Talk