New senior management for DSV as it readies for DB Schenker takeover
Following its clearance by competition regulators to complete its acquisition of DB Schenker, Danish freight ...
US railroad operator Norfolk Southern (NS) has rejected a second merger proposal from Canadian Pacific (CP).
And NS has insisted that the US Surface Transportation Board (STB) would remain unlikely to green-light the deal because of competition issues.
Last month CP offered NS shareholders $46.72 per share, in cash, and a fixed exchange ratio of 0.348 shares in a new company that would own both operators.
After rejecting that, on the basis that it had “significantly undervalued” NS, CP returned last week with ...
New senior management for DSV as it readies for DB Schenker takeover
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