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UTi Worldwide Fire Sale: DSV's Bargain Acquisition Is Opportunistic, Shareholders Shortchanged

2015-10-23 10:24:13| Logistics - Topix.net

DSV's acquisition of UTi Worldwide for $7.10 per share significantly undervalues company based on DCF value and comparable transactions. After holding brief exploratory talks with DSV about a possible transaction in December 2014, it appeared as though UTi Worldwide would focus on executing its strategic plan as an independent company.

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