Value

When the DSV/Panalpina takeover drama was in its most feverish stage, Kerry Logistics was very vaguely rumoured to be possibly involved in the deal one way or another ? but I soon dismissed it as a target for any major 3PL worldwide.

It doesn’t mean the Hong-Kong listed group won’t agree a large deal in future, but that time is not now, I understand.

However, I have since built a base-case according to which the company would build and buy in its ...

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