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Credit rating gives DSV new opportunities in acquisition hunt

DSV has received its first credit rating from Standard & Poors. The company now plans to issue more bonds in euros in order to finance new acquisitions, CFO Jens Lund tells Bloomberg.

Jens Lund, CFO, DSV | Photo: PR-foto/DSV

DSV has for the first time received a credit rating from one of the big credit rating bureaus.

Standard & Poors (S&P) has given the transport and logistics group a rating of BBB+. This will open new opportunities for DSV, which, after having purchased US-based UTi Worldwide in 2016, now aims for new acquisitions of larger players in the logistics market.

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