DSV hits back in 'bait and switch' case, claiming deal was not legally binding
DSV has fought back in the ‘bait and switch’ case against it, claiming its offered ...
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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DSV hits back in 'bait and switch' case, claiming deal was not legally binding
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