DSV secures final approval for UTi Worldwide acquisition

Logistics group DSV has secured final approval and the billion-dollar acquisition of US-based UTi Worldwide can now be completed.

Danish transport and logistics group DSV has been given the final go-ahead for its takeover of US-based competitor UTi Worldwide, informs DSV in a corporate statement. The South African authorities were the last in line to approve the transaction, and this has now been done.

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