Here is a quick back-and-forth chat with my source Mr Arbitrageur after news emerged on Monday that the Ernst Göhner Foundation, “Panalpina’s largest shareholder representing approximately 46% of the total share capital, informed the board of directors that it does not support the current non-binding proposal from DSV and that it supports Panalpina’s board of directors in pursuing an independent growth strategy that includes M&A”.
“According to its fiduciary duties the board …

The post Supply chain radar: ‘Maybe it is all a show’ – Panalpina’s largest shareholder rejects DSV’s Sfr170 a share proposal appeared first on The Loadstar.

Source: The Loadstar