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UTi Worldwide agrees to acquisition by DSV in $1.35 bn deal
2015-10-10 05:09:55| Logistics - Topix.net
Our eNewspaper network was founded in 2002 to provide stand-alone digital news sites tailored for the most searched-for locations for news. With a traditional newspaper format, more than 100 sites were established each with a newspaper-type name to cover the highest-ranked regions, countries, cities and states.
Tags: deal
worldwide
acquisition
agrees
UTi Worldwide Surges; Alcoa, Gap, Ruby Tuesday Tumble
2015-10-10 00:50:53| Logistics - Topix.net
American Airlines total revenue passenger miles in September jumped 7.2%. Electro Rent net tumbled 48%.
Tags: tuesday
worldwide
gap
ruby
UTi Worldwide Agrees to $1.35 Billion Acquisition by DSV
2015-10-09 16:29:12| Logistics - Topix.net
Logistics operator UTi Worldwide Inc. agreed to a $1.35 billion acquisition by DSV, a Danish supply chain and forwarding company that marks the latest consolidation in that industry. The acquisition of the U.S. company, which has struggled to reverse recent losses through a restructuring, follows logistics-related transactions this year involving XPO Logistics, FedEx Corp., UPS Inc., Echo Global Logistics and overseas.
Tags: worldwide
billion
acquisition
agrees
Denmark's DSV to buy UTi Worldwide for $1.35 bln
2015-10-09 13:18:36| Logistics - Topix.net
Oct 9 Danish freight firm DSV said it had signed an agreement to buy U.S. based rival UTi Worldwide for $1.35 billion. DSV offered $7.10 in cash per share, which represents a premium of about 50 percent to UTi's closing price on Oct. 8, and a premium of around 34 percent to the 30-day volume-weighted average closing price.
UTi Worldwide Receives Average Recommendation of "Hold" from Analysts
2015-10-01 19:59:47| Logistics - Topix.net
Shares of UTi Worldwide have been given a consensus recommendation of "Hold" by the eight ratings firms that are covering the company, Marketbeat reports . One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have assigned a buy recommendation to the company.
Tags: average
hold
worldwide
receives
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