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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.

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DSV, 614 - DSV agrees to acquire UTi Worldwide Inc.

2015-10-09 08:58:22| Logistics - Topix.net

The DSV Group today signed an agreement to acquire US based UTi Worldwide Inc. . UTi is a global, supply chain services and logistics company with revenue of USD 3.9 billion and 21,000 employees in 58 countries.

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UTi Worldwide Receives Average Recommendation of "Hold" from Analysts

2015-10-01 19:59:47| Logistics - Topix.net

Shares of UTi Worldwide have been given a consensus recommendation of "Hold" by the eight ratings firms that are covering the company, Marketbeat reports . One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have assigned a buy recommendation to the company.

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UTi Pilots Quality Process Optimization in China to Improve Performance and Client Satisfaction

2015-09-29 15:21:31| Logistics - Topix.net

UTi Worldwide Inc. , a global supply chain services and solutions provider, has launched an internal process optimization effort in China that is expected to accelerate and amplify recent improvements in UTi's freight forwarding operations. The pilot effort aims to drive higher levels of efficiency, quality and client service in ways that can be applied across the company globally.

Tags: quality process china performance

 

UTi Worldwide Reaches New 1-Year Low at $5.05

2015-09-24 23:52:20| Logistics - Topix.net

UTi Worldwide 's share price reached a new 52-week low during trading on Thursday , Analyst Ratings Net reports. The company traded as low as $5.05 and last traded at $5.10, with a volume of 706,690 shares traded.

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