Pre-earnings: Kuehne + Nagel, the 'most attractive near-term prospect'
Tick-tock tick-tock…
Oh, dear. Are freight forwarders taking a page out of the shippers’ playbook in cross-boarder M&A?
That’s a legitimate question now that many of my sources think patience has become the most precious commodity when it comes to determining the outcome/timing of the takeover of Panalpina (PAN) by DSV.
Background
It terms of M&A strategy, the Kraft+Cadbury deal a decade ago was by far one of the most entertaining I’ve studied and covered. If that serves as a blueprint, DSV+PAN could close in May.
Two ...
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