ShippingWatch

Law firms looking into DSV acquisition

Several law firms have launched inquiries into whether the board of US-based UTI Worldwide approved a too low bid from DSV.

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.

Already a subscriber? Log in.

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.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Maersk rejects shippers' complaint in USD 180m dispute

U Shippers has no case in a contractual dispute reported to the US Federal Maritime Commission, Maersk writes in a response to the FMC. Moreover, the case should not even be a matter for the commission, the company says.

Sea Cargo Charter hesitates to raise climate ambitions

The climate ambitions of the Sea Cargo Charter initiative have been criticized by several members, but it seems they still don’t stand to be raised, Chair Jan Dieleman tells ShippingWatch. For over a year, the initiative has considered raising the bar.

Further reading

Related articles

Latest news

See all jobs