Did the board of US-based logistics company UTI Worldwide agree to sell their shares to Danish logistics group DSV at a too low price? Several law firms have not launched inquiries into this fact, according to Reuters.
DSV has bid USD 7.10 per share, however the small size of the bid has provoked questions from several law firms.
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In the drama surrounding the merger between tanker majors Euronav and Frontline, one of the arguments from Euronav’s biggest shareholder, the Saverys family, is that the merger will pull Euronav in the wrong direction on the green agenda. Euronav tells ShippingWatch that the company rejects this criticism.