For deal-making junkies, the most depressing side of the biggest logistics M&A story in October last year, when DSV was rejected by Ceva Logistics, was the dwindling number of targets left in the marketplace for the Danes.
On a quarterly call with analysts, I distinctively recall management’s defensive attitude at the time. As committed as ever, CEO Jens Bjørn Andersen and CFO Jens Lund were apparently so annoyed with some of …
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Source: The Loadstar