Jan 21, 2019: Denmark-based logistics giant DSV has made a bid to acquire forwarding firm Panalpina at a price of CHF 170 per share, comprising a mix of cash and DSV shares. The consideration consists of 1.58 DSV shares and CHF 55 in cash for each Panalpina share. Based on closing prices as of January 11, 2019, the value of the offer is CHF 170 per share.
DSV mulls buying Panalpina; offers price of CHF 170 per share
Jan 21, 2019: Denmark-based logistics giant DSV has made a bid to acquire forwarding firm Panalpina at a price of CHF 170 per share, comprising a mix of cash and DSV shares. The consideration consists of 1.58 DSV shares and CHF 55 in cash for each Panalpina share. Based on closing prices as of January 11, 2019, the value of the offer is CHF 170 per share.
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