On the wires: DSV drops to new low but sell-side unfazed. Deal coming?
Who should have said
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To wrap up a rather entertaining week – CEVA did not recommend CMA CGM’s offer; the IPO of Gefco is no longer ’upcoming’; and DSV+PAN is still pending, waiting for the Ernst Göhner foundation approval – I had to choose the hot topic of the week from a rather long list of candidates. Which included:
– Kuehne + Nagel’s next deal, with the company, according to M&A sources, looking to bulk up in Asia Pacific, targeting assets with turnover of between $400m and $500m (so, budget-wise about half ...
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