WiseTech defends DSV relationship, as CargoWise volumes rise 20%
In what has been a troubled week, WiseTech Global is seeking to reassure investors over ...
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New York-based hedge fund Third Point, which is run by activist investor Dan Loeb, disclosed in a letter to investors yesterday, 16 October, that during the third quarter it “had initiated a new position” in Danish freight forwarder DSV.
Background
Loeb has historically pushed to break up many of the targets where his speculative fund invested in recent years, including Shell, Prudential and Sony.
And it was three years ago when, in a rather unusual twist, as The Guardian wrote at the time, ...
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