| Panalpina logo at headquarters in Basel, Switzerland | |
| License | Media Use (?) |
|---|---|
| Photographer / Source | Panalpina |
| Size | 1.97 MB |
| Format | .jpg |
| Image dimensions | 3096 x 2064 pixels |
The Board of Directors of Panalpina confirms that it has received a revised, non-binding proposal from DSV to acquire the company at a price of CHF 180 per share, all in cash.
The Board of Directors of Panalpina confirms media reports that it is in discussions with Agility Group on potential strategic opportunities with regard to their respective logistics businesses. The discussions between the two companies are at a preliminary stage.
Panalpina confirms that the Ernst Göhner Foundation, Panalpina's largest shareholder representing approximately 46% of the total share capital, informed the Board of Directors that it does not support the current non-binding proposal from DSV and that it supports Panalpina’s Board of Directors in pursuing an independent growth strategy that includes M&A.
Der Verwaltungsrat von Panalpina informiert, dass er einen unaufgeforderten und unverbindlichen Vorschlag von DSV zum Kauf des Unternehmens erhalten hat zu einem Preis von CHF 170 pro Aktie, bestehend aus einer Kombination aus Bargeld und DSV-Aktien.
The Board of Directors of Panalpina announces that it has received an unsolicited, non-binding proposal from DSV to acquire the company at a price of CHF 170 per share, comprising a mix of cash and DSV shares.
Panalpina World Transport (Holding) Ltd today successfully placed a CHF 150 million debut bond in the Swiss capital market.
In the first nine months of 2018, Panalpina increased group profitability compared to the same period of last year. From January to September, gross profit increased from CHF 1,024.8 million to CHF 1,116.2 million. Year-on-year, Panalpina’s EBIT increased from CHF 72.1 million to CHF 83.2 million and the consolidated profit increased from CHF 48.4 million to CHF 51.0 million.
