DSV has said it continues “to carefully review the situation” after its takeover bid for Panalpina was rejected by Panalpina’s biggest shareholder. In January, the Danish logistics group made an unsolicited offer to acquire Panalpina for CHF170 per share, made up of a mix of cash and DSV shares. The Ernst Göhner Foundation, which hold … Continue reading Panalpina’s biggest shareholder rejects DSV bid