The development marks the end of a more than two month takeover battle designed to build scale in the consolidating transport sector. On Monday, Swiss freight forwarder DSV A/S disclosed, it will be acquiring Panalpina in a $4.62 billion (4.6… Read More ›
Cevian Capital
AB Volvo drops Geely-linked Hakan Samuelsson from its board of directors
The move is not as simple as it seems – the Chinese company appears to have preempted the move and has taken strategic steps of its own. Following China’s Geely’s claiming a 10% stake in Daimler, AB Volvo, a Truckmaker… Read More ›