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18 August 2019 The on-line newspaper devoted to the world of transports 04:51 GMT+2

February 4, 2019

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The greater shareholder of Panalpina rejects the proposal of fusion of the DSV

Not to the offer of Ernst Göhner Foundation, that it stops 46% of the capital stock

It meaningfully increases the probability that the logistic group Helvetic Panalpina refusals the proposal of advanced fusion in recent days from Danish DSV(on 16 January 2019). Today, in fact, board of directors of group Swiss has announced that Ernst Göhner Foundation, that is the main shareholder of the Panalpina of which stops 46% about of the capital stock, has communicated that does not intend to accept the current not binding offer of the DSV and that supports instead the board of directors of the company in its strategy of independent increase that includes the possibility of fusions and acquisitions.

The Board di Panalpina has specified that, as from own duties, it will continue to examine the proposal with the aid of own advisers.

Evergreen Line Vincenzo Miele

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