Agility Finalizes Sale of Global Integrated Logistics (GIL) Business to DSV Panalpina

Agility announced that it expects to complete the sale of its Global Integrated Logistics (GIL) business to DSV Panalpina A/S. The all-shares transaction gives Agility 19,304,348 DSV shares upon full completion of the deal in all jurisdictions, representing approximately 8% of all post-transaction shares of DSV. This makes Agility the second largest DSV shareholder based on today’s shareholder register.The enterprise value of the transaction is USD 4.775 billion and the equity ... [+]

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