DSV narrows earnings guidance, launches €5bn equity funding backing Schenker purchase
DSV updates the market saying that based on the preliminary earnings estimates for the first ...
Market sources close to the Sfr4bn takeover of Panalpina (PAN) by DSV have said that the board of directors of the Swiss 3PL are set to formally reject the Danish company’s initial proposal, which was offered at Sfr170 a share.
“DSV has already offered significantly more than Sfr170 a share, looking to pay Sfr200-plus a share, but it’s not about the money.
“There is emotional attachment to the PAN story, and for DSV, well – the timing of their approach could have not ...
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