Latest news from Heavy Lift & Project Forwarding International Magazine

UTi and DSV respond to acquisition rumours

December 4 - DSV and UTi Worldwide have responded to a Bloomberg article published yesterday, which reported that the two companies have been evaluating the possibility of entering into an agreement concerning DSV's acquisition of UTi.

Both companies confirmed that, although exploratory conversations regarding this matter had taken place, the talks never "progressed beyond a preliminary stage" and there are currently no discussions between UTi and DSV.

Bloomberg reports, however, maintain that the negotiations were called to a halt only after news broke of DSV's potential acquisition, which sent UTi's shares surging.

Heavy Lift | News

Zuchowski joins Pintsch Bubenzer thumbnail image

Zuchowski joins Pintsch Bubenzer

February 24 - Pintsch Bubenzer USA has named Mike Zuchowski regional sales manager for ports in the western region of the USA and Canada.
Views: 107
West P&I to acquire NMI stake thumbnail image

West P&I to acquire NMI stake

February 24 - West of England P&I Club has signed an agreement to acquire a significant stake in Nordic Marine Insurance (NMI).
Views: 137
Buckner boosts training programme thumbnail image

Buckner boosts training programme

February 24 - Buckner Heavylift Cranes has added ITI Online's library of courses to supplement its monthly safety training curriculum.
Views: 95

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