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Denmark's DSV to buy logistics company Panalpina in US$4.6 billion deal

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Denmark's DSV A/S will buy Panalpina in a deal valued at 4.6 billion Swiss francs (US$4.62 billion), the Swiss freight forwarder said on Monday, ...

Denmark's DSV A/S will buy Panalpina in a deal valued at 4.6 billion Swiss francs , the Swiss freight forwarder said on Monday, ending a fight between its top shareholder and activist investors over the company's future.

The logo of Swiss transport and logistics firm Panalpina is seen at an office building in Basel, Switzerland March 11, 2019. REUTERS/Arnd Wiegmann

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