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DSV gets acceptance to buy almost all Panalpina's equity

DSV has now received acceptance to buy 88.27 percent of Swiss Panalpina's equity in the former's acquisition process, DSV informs in its biannual interim financial statement.

Photo: Ritzau Scanpix/AP/Arnd Wiegman/REUTERS / X90184

Danish logistics operator DSV has received sales acceptance from 88.27 percent of Swiss Panalpina's shareholders in connection with the two companies' merger, informs DSV Thursday morning.

Altogether, the Danish company holds 20,965,054 Panalpina shares out the total 23,750,000 shares entailed in the acquisition bid.

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