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CEVA Logistics confirms having received a non-binding letter of interest from DSV

[ October 29, 2018   //   ]

The Board of Directors of CEVA Logistics AG confirms having received a non-binding letter of interest with an indicative offer price of CHF 30 per share by DSV at the end of last week. The Board of Directors has been analyzing, with the support of its advisors, diligently and seriously DSV’s proposal and engaged with the bidder to allow CEVA Logistics more time to review the new proposal. While the CEVA Logistics’ Board of Directors was considering all the options in the interest of the company and all the shareholders and stakeholders it notes the withdrawal of DSV’s proposal.

 

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