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UTi Worldwide says held exploratory talks to be acquired by DSV

2014-12-04 18:45:27| Logistics - Topix.net

Logistics company UTi Worldwide Inc said it held "exploratory" talks to be acquired by Nordic trucking company DSV A/S, denying a Bloomberg report that discussions were at an advanced stage. UTi has been in talks with DSV since mid-2014 and could reach an agreement as early as this month, but discussions could still stall, Bloomberg reported.

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