DSV to purchase Panalpina for US$4.6 billion in blockbuster deal
After weeks of speculation over the future of Panalpina’s ownership, Denmark’s DSV today reached an agreement to purchase its Swiss ...
Tag: mergers and acquisitions (M&A)
DSV reports double-digit increases in profits in 2018, above market averages
The DSV Group released its annual results for 2018 today, in which the Danish logistics giant reported an impressive growth ...
Panalpina’s largest shareholder rejects DSV takeover bid
Today, Panalpina’s largest shareholder, the Ernst Göhner Foundation, said it does not support the non-binding proposal from Denmark-based rival DSV ...
Alaska Air Cargo’s 2018 results show cargo revenue up, Group net income down
Alaska Air Group released its 2018 results, which show that net income fell from 2017 to 2018, but cargo capacity ...
MNX Logistics purchases cold-chain company NGL’s express division
This week, Long Beach-based MNX Logistics acquired the express division of Colorado-based Network Global Logistics (NGL) – a provider of ...
Six companies merge to form largest privately owned logistics firm in U.K.
This week, six United Kingdom-based logistics companies have joined up to create the largest privately owned logistics conglomerate in the ...
CEVA board rejects takeover bid from DSV as ‘inadequate’
Yesterday, after Danish logistics firm DSV made an unsolicited, non-binding acquisition bid to CEVA Logistics AG, the CEVA board of ...
Etihad renews commitment to 777F fleet amidst rumors of takeover by Emirates
Beginning Oct. 1, Etihad Airways cargo will “reboot” its freighter network with an adjusted flight schedule that reflects the carrier’s ...
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