Latest news from Heavy Lift & Project Forwarding International Magazine

Heavy Lift Across the World

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

Still time to enter ESTA Awards  thumbnail image

Still time to enter ESTA Awards 

January 17 - The deadline to enter the 2020 ESTA Awards of Excellence, which will be held on the evening of April 23 at the Postillion Hotel Amsterdam in the Netherlands, has been extended to January 25, 2020. 
Views: 406
Bati handles yacht move  thumbnail image

Bati handles yacht move 

January 17 - Bati Group has coordinated the transport of a yacht from Turkey to Greece. 
Views: 536
Spatial Global lands BIFA award thumbnail image

Spatial Global lands BIFA award

January 17 - Spatial Global secured the British International Freight Association’s (BIFA) Project Forwarding Award 2019 at a glittering ceremony in London yesterday.
Views: 583
Blue Water opens in Milan thumbnail image

Blue Water opens in Milan

January 16 - Blue Water Shipping has opened an office in Milan, Italy that will initially serve clients in the oil and gas, power generation, renewable energy and infrastructure sectors.
Views: 1015

Heavy Lift Across The World

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