All DSV articles – Page 4
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DSV adds to US offices
DSV Air & Sea has opened an office in Pittsburgh, Pennsylvania – its 36th office in the USA.
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Panalpina remains stable in competitive market
Panalpina has reported stable results for the first half of 2019 (January to June), despite “more aggressive” tactics from its competitors.
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DSV extends offer period for Panalpina
DSV has extended its main offer period for the CHF4.6 billion (USD4.6 billion) acquisition of Panalpina by 15 days.
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DSV nominates Panalpina board members
DSV has nominated Kurt K. Larsen, Thomas Plenborg, Jens Bjørn Andersen and Jens H. Lund for election to the Panalpina board of directors.
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DSV soars with generator component
DSV has transported a 40-tonne generator component on board a Volga-Dnepr Ilyushin IL-76 from Germany to Australia for Siemens.
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JAS names Pei Wang
JAS China & Hong Kong has appointed Pei Wang as head of global and multinational accounts.
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Panalpina improves profitability
In the first three months of 2019, Panalpina boosted its profitability by 15 percent compared to the same period of last year.
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Panalpina nominates Kern
Panalpina’s board of directors is proposing to elect Thomas Kern as chairman of the board at its annual general meeting (AGM) on May 9.
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Panalpina agrees DSV takeover bid
DSV and Panalpina have reached an agreement to join forces in a deal worth approximately CHF4.6 billion (USD4.6 billion).
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CMA nears 90 percent stake in Ceva
France-headquartered container shipping line CMA CGM is on course to control 89.47 percent of the shares in Swiss freight forwarder Ceva Logistics following a public tender.
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DSV ups Panalpina bid as Agility enters the fray
Panalpina’s board of directors confirmed that it has received a revised, non-binding proposal from DSV to acquire the company at a price of CHF180 (USD178.9) per share, all in cash.
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CMA CGM launches Ceva takeover
France-based container shipping giant CMA CGM launched its USD1.65 billion public tender offer for Switzerland-headquartered Ceva Logistics on February 12.
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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.
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Ceva rejects CMA CGM's takeover bid
The board of Ceva Logistics recommended that shareholders reject CMA CGM’s latest USD1.67 billion offer to acquire the remaining shares of the Swiss logistics company.
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DSV makes move on Panalpina
Denmark’s DSV has made an offer to acquire Swiss rival Panalpina for approximately CHF170 (USD172) per share.
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DSV announces expansion
DSV has released plans of a major investment to expand its headquarters in Copenhagen, Denmark.
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CEVA and CMA CGM deepen partnership
CEVA Logistics plans to broaden its partnership with CMA CGM through the acquisition of the latter’s freight management business and the provision of an exit option for CEVA shareholders.
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DSV withdraws revised CEVA offer
DSV has withdrawn its revised offer to acquire CEVA Logistics for CHF30 (USD30.06) per share.
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DSV confirms offer to CEVA Logistics was rejected
Denmark’s fast-growing logistics group DSV has issued an official statement confirming that its recent offer to takeover CEVA Logistics was rejected by the CEVA board.