tug of war © Yanik Chauvin
© Yanik Chauvin

Market sources close to the Ernst Göhner Foundation (EGF) say that Swiss 3PL Panalpina (PAN) ’is not up for sale’ ? if that means that PAN is to be taken over by any third parties without the blessing of its controlling shareholder ? EGF.

Legal risk surrounding the deal was labelled as just noise, with minority shareholder Cevian and the like trying to cash in as much as they can, to get out of an investment that has not delivered the ...

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