19/11/2015at 13:19

DSV sells shares for 720 million USD to finance acquisition

DSV is selling new shares for USD 720 million to finance the takeover of US transport and logistics company UTI Worldwide.

BY RITZAU FINANS

DSV has decided to issue new shares for USD 720 million through a private equity placement. This is to partially finance its expected purchase of US transport and logistics company UTI worldwide, writes DSV in a statement.

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