Latest news from Heavy Lift & Project Forwarding International Magazine

Panalpina shareholder rejects DSV's bid

Panalpina’s largest shareholder, the Ernst Göhner Foundation, has rejected DSV’s USD4.1 billion offer to acquire the Swiss freight forwarder.

The Ernst Göhner Foundation, which holds approximately 46 percent of Panalpina’s total share capital, informed the board of directors that it does not support the current non-binding proposal from DSV.

Panalpina’s largest shareholder added that it supports the board of directors in pursuing an independent growth strategy that includes mergers and acquisitions.

A statement from Panalpina added: “According to its fiduciary duties the board of directors of Panalpina continues to carefully review the situation with its professional advisers. Further announcements will be made as appropriate.”

www.ernst-goehner-stiftung.ch

www.panalpina.com

www.dsv.com

Heavy Lift | News

Talbert names Henderson thumbnail image

Talbert names Henderson

September 13 - USA-based Talbert Manufacturing has appointed David Henderson as dealer development manager.
Views: 291
XLP gathers in Dubai thumbnail image

XLP gathers in Dubai

September 13 - Almost 160 delegates from around the world gathered in Dubai last week for the XLProjects (XLP) annual general meeting (AGM).
Views: 338
ACS adds office space in Spain thumbnail image

ACS adds office space in Spain

September 13 - Air Charter Service (ACS) has relocated its Spanish operation to larger premises in Madrid.
Views: 330
Persson joins Kässbohrer thumbnail image

Persson joins Kässbohrer

September 13 - Kässbohrer has appointed Christian Persson as its key account manager for Sweden, Finland and Norway.
Views: 358

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.