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DSV Chief is not worried about obstinate UTI shareholder

DSV's CEO, Jens Bjørn Andersen, is not worried that the US-based capital group that has said it will vote against DSV's takeover of UTI will cause the acquisition to fall through.

DSV's takeover of US-based logistics giant UTI is progressing according to plan, says the Danish company's CEO, Jens Bjørn Andersen, who does not believe that a particularly obstinate shareholder can cause the plans to collapse.

"UTI obviously has a lot of different owners and there are differing opinions of our offer. We expected as much," he tells ShippingWatch.

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