dsv

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

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 ... [+]

DSV buys UTi

Danish forwarder DSV is to acquire US-owned UTi, for about US$1.35 billion, or $7.10 in cash per ordinary share. Talk in the market has been circulating for some time that Uti was looking for a buyer, with DSV named as the likely suitor. DSV says the move will considerably strengthen its ... [+]