Major investor insists: DSV should have steered clear of Saudi project

Maj Invest would have preferred that the freight forwarder had not entered into the deal. ”It’s an unpleasant partner,” says head of equities.
Photo: Saudi Press Agency/Reuters/Ritzau Scanpix
Photo: Saudi Press Agency/Reuters/Ritzau Scanpix

Even though DSV likely stands to boost its earninsg big-time by providing logistics services to a new desert city in Saudi Arabia, the logistics major runs a huge risk of damaging its reputation, says a major shareholder.

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