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DSV Completes Acquisition of UTi Worldwide

2016-01-28 06:47:05| Logistics - Topix.net

Danish supply chain manager and freight forwarder DSV Group said it has completed its acquisition of Long Beach, California-based forwarder UTi Worldwide for $1.35 billion. UTi had been publicly traded on Nasdaq.

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UTi Receives Final Required Antitrust Clearance for Merger With DSV

2016-01-20 20:22:03| Logistics - Topix.net

UTi Worldwide Inc. announced that it had received antitrust clearance in South Africa for its previously announced acquisition by DSV A/S. The South African antitrust approval was the final required regulatory approval necessary for the consummation of the transaction.

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UTi Shareholders Approve Acquisition by DSV

2016-01-15 17:25:06| Logistics - Topix.net

Shareholders of UTi Worldwide Inc. overwhelmingly approved a $1.35 billion acquisition by Denmark's DSV A/S, a move that is intended to broaden the buyer's U.S. and overseas logistics capabilities. The vote was more than 99% in favor of combining UTi, which ranks No.

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UTi Shareholders Vote to Adopt Merger Agreement With DSV a/S

2016-01-14 21:45:39| Logistics - Topix.net

UTi Worldwide Inc. announced that its shareholders, at a special shareholders meeting and subsequent special class meeting held earlier today, have overwhelmingly voted to adopt the previously announced merger agreement providing for the acquisition of UTi Worldwide Inc. by DSV A/S. Upon completion of the transaction, each ordinary share of UTi Worldwide will convert into the right to receive a cash payment of $7.10, without interest.

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J. Goldman & Company Eliminates Position in UTi Worldwide Inc.

2015-12-20 02:07:55| Logistics - Topix.net

J. Goldman & Company closed out its stake in shares of UTi Worldwide Inc. during the third quarter, according to its most recent disclosure with the SEC. The firm previously had a 390,544 share stake in the company, valued at approximately $2,722,091.

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