Sunday 22nd Sep 2019 - Logistics Manager Magazine

DSV puts in bid to acquire Panalpina shares

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DVS has put in a non-binding proposal to acquire the company at a price of CHF 170 per share, comprising a mix of cash and DSV shares.

According to the Board of Directors of Panalpina this was unsolicited. It is now reviewing the proposal in conjunction with its professional advisers.

DSV plans DKK 1bn expansion