DSV has announced an all share voluntary public tender offer for all publicly held shares of Panalpina.
DSV and Panalpina have reached an agreement on the terms and conditions of a combination by way of a Public Exchange Offer to all Panalpina shareholders.
If the offer is successful, DSV and Panalpina will become one of the world’s largest transport and logistics companies with a pro forma revenue of approximately DKK 118 billion and a workforce of more than 60 000 employees operating in 90 countries.
Following completion, DSV will propose to its shareholders, to change its name to “DSV Panalpina A/S”.
Tina Joanne Hindsbo