Edition:
India

Panalpina Statement On Unsolicited, Non-Binding Approach From DSV


Wednesday, 16 Jan 2019 

Jan 16 (Reuters) - Panalpina Welttransport Holding AG ::BOARD OF DIRECTORS OF PANALPINA ANNOUNCES THAT IT HAS RECEIVED AN UNSOLICITED, NON-BINDING PROPOSAL FROM DSV TO ACQUIRE COMPANY AT A PRICE OF CHF 170 PER SHARE, COMPRISING A MIX OF CASH AND DSV SHARES..PROPOSAL FROM DSV TO ACQUIRE COMPANY AT A PRICE OF CHF 170 PER SHARE.PROPOSAL COMPRISING A MIX OF CASH AND DSV SHARES.BOARD OF DIRECTORS OF PANALPINA IS REVIEWING PROPOSAL IN CONJUNCTION WITH ITS PROFESSIONAL ADVISERS. 

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