CEVA Logistics has confirmed that it received a non-binding letter of interest with an indicative offer price of CHF30 (US$30) per share from DSV in the week ending October 19
CEVA Logistics has confirmed that it received a non-binding letter of interest with an indicative offer price of CHF30 (US$30) per share from DSV in the week ending October 19. CEVA said its board of directors has been 'analysing, with the support of its advisors, diligently and seriously DSV's proposal and engaged with the bidder to allow CEVA Logistics more time to review the new proposal.'
However, while the company's board of directors was 'considering all the options in the interest of the company and all the shareholders and stakeholders,' DSV withdrew its offer, according to a company statement.
