A call with a London-based financial broker closely monitoring the DSV/CEVA situation strengthened my conviction that there is a near-zero chance DSV will improve its initial bid, CHF27.75 a share, immediately rejected by the CEVA Logistics board last week.
A number of my freight forwarding sources believe DSV will return with an improved offer, and quickly; but institutional investors and the brokers working on their behalf believe otherwise.
One told me DSV would …
The post Market Insight:...
https://theloadstar.co.uk/market-insight-ceva-convinced-right-course-dsv-may-call-back/