DSV completes acquisition of Panalpina
Press releases • Aug 19, 2019 07:21 CEST
All conditions and requirements of the transaction have now been met
All conditions and requirements of the transaction have now been met
We delivered strong results in Q1 2019, with healthy top-line growth across all divisions and a 15% underlying growth in EBIT
DSV is pleased to announce an all share voluntary public tender offer for all publicly held shares of Panalpina
In continuation of the Company Announcements no. 734 of 16 January 2019 and no. 735 of 4 February 2019 DSV informs that DSV on 6 February 2019 has put forward to the Board of Directors of Panalpina a revised indicative and contingent all-cash offer to the shareholders of Panalpina at CHF 180 per Panalpina-share.
At the call Jens Bjorn Andersen, CEO, and Jens Lund, CFO, will present the Interim Financial Report for Q1 2017. The presentation will be followed by a Q&A session. No prior registration is required to attend the teleconference, but we recommend that participants dial in 10 minutes prior to the scheduled start time. The conference presentation will be accessible via investor.dsv.com