Nordea: Worst possible outcome of Channel case for DFDS

The British Competition Appeal Tribunal's decision to remit the case concerning the right to operate on the English Channel marks a loss for DFDS, and was perhaps the worst possible outcome for the carrier, says Nordea.

DFDS' shares decreased significantly on Wednesday when the British Competition Appeal Tribunal decided to remit the verdict stating that My Ferry Link - owned by Eurotunnel - had to withdraw from operating on the English Channel, sending the case back to the British Competition Commission for a second review. The decision represents the worst possible outcome for DFDS, says Nordea, though the bank still sees an attractive long-term potential in the shipping company' share. 

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading