DSV and Panalpina agree merger terms

DSV and Panalpina have agreed to merge to create £13.6 billion business named DSV Panalpina employing 60,000 people in 90 countries. Panalpina’s board is recommending an offer of 2.375 DSV share for one Panalpina share – equal to CHF195.8 per share. DSV said the offer already had the support of shareholders representing 69.9 per cent … Continue reading DSV and Panalpina agree merger terms