DSV Starts €5 Billion Share Sale for DB Schenker Takeover [Financial Post (Toronto, Ontario, Canada)]
DSV A/S UNSP/ADR (DSDVY)
NASDAQ:AMEX Investor Relations:
investor.dsv.com
Company Research
Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — DSV A/S received commitments from investors for more than half of a €5 billion ($5.5 billion) sale of new shares as the Danish freight-forwarding company finances its takeover of DB Schenker. DSV will sell the stock in an underwritten directed issue and private placement to help fund the €14.3 billion deal, the company said on Thursday. The targeted amount compares with a range of €4 billion to €5 billion, which DSV set on Sept. 13. The shares were being marketed at 1,400 to 1,410.5 kroner each in the accelerated bookbuilding process, according to terms seen by Bloomberg, which showed there was enough investor demand to cover the entire deal shortly after it launched. That represents a 0.74% discount to Thursday's closing price at the bottom end. The share sale comes just one day after Deutsche Bahn AG's supervisory board approved the divestment
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