Home Denmark's DSV to buy UTi Worldwide for $1.35 bln
 

Keywords :   


Denmark's DSV to buy UTi Worldwide for $1.35 bln

2015-10-09 13:18:36| Logistics - Topix.net

Oct 9 Danish freight firm DSV said it had signed an agreement to buy U.S. based rival UTi Worldwide for $1.35 billion. DSV offered $7.10 in cash per share, which represents a premium of about 50 percent to UTi's closing price on Oct. 8, and a premium of around 34 percent to the 30-day volume-weighted average closing price.

Tags: buy worldwide uti bln

Category:Transportation and Logistics

Latest from this category

All news

23.11Atlantic Tropical Weather Outlook
23.11Eastern North Pacific Tropical Weather Outlook
23.11Atlantic Tropical Weather Outlook
23.11Eastern North Pacific Tropical Weather Outlook
22.11Eastern North Pacific Tropical Weather Outlook
22.11Atlantic Tropical Weather Outlook
22.11Eastern North Pacific Tropical Weather Outlook
22.11Atlantic Tropical Weather Outlook
Transportation and Logistics »
23.11
23.11ProjectDIVAF
23.11MtG
23.11THUNDER TRUCKS HOLLOW II 148
23.11 the Tiger 7 EP
23.11 11 LEGACY
23.11 GENOCIDE
23.11HG PART1 PART2
More »