CVC Presses Case for Schenker Bid With Deutsche Bahn Officials [BNN Bloomberg (Canada)]
DSV A/S UNSP/ADR (DSDVY)
NASDAQ:AMEX Investor Relations:
investor.dsv.com
Company Research
Source: BNN Bloomberg
The buyout firm sent letters Monday to Deutsche Bahn's management and supervisory boards, according to copies seen by Bloomberg. CVC is appealing directly to the officials with the key points of its latest proposals after the German company signaled a preference for a competing offer from rival bidder DSV A/S. In addition to CVC's bid for a full takeover of DB Schenker, it has also proposed an alternative offer where Deutsche Bahn would reinvest €1 billion to keep a stake of up to 24.9%. CVC has now guaranteed that Deutsche Bahn would generate €2 billion to €2.5 billion of proceeds from the reinvestment on the remaining stake when CVC exits the investment, according to the letter. That means the alternative offer is worth at least €16 billion in total, they said, after both CVC and the Danish logistics company offered about €14 billion. CVC argues that this alternative proposal would let Deutsche Bahn realize more value than a rival bid from DSV A/S. The reinvestment option is pr
Show less
Read more
Impact Snapshot
Event Time:
DSDVY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DSDVY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DSDVY alerts
High impacting DSV A/S UNSP/ADR news events
Weekly update
A roundup of the hottest topics
DSDVY
News
- DSV A/S (OTCMKTS: DSDVY) was upgraded by analysts at BNP Paribas to a "strong-buy" rating.MarketBeat
- Flexport Appoints Daniel Sanvicente as Senior Vice President, Head of APAC [Yahoo! Finance]Yahoo! Finance
- Logistic Properties of the Americas Announces Third Quarter 2024 Earnings Results [Yahoo! Finance]Yahoo! Finance
- DSV, 1142 - EUR 5 BILLION EUROBONDS ISSUE [Yahoo! Finance]Yahoo! Finance
- DSV A/S 2024 Q3 - Results - Earnings Call Presentation [Seeking Alpha]Seeking Alpha