DSV / DFDS deal cancelled
DSV and Vesterhavet has announced, that a conditional agreement between the parties on joint ownership of Vesterhavet A/S' shareholding of 56 pct. in DFDS has been cancelled, because the EU competition authorities have decided that the transaction cannot be approved in phase I.
DFDS underscores, that the cancellation of the agreement does not entail any changes to DFDS' daily operations, customer relations or strategy. It is thus DFDS' unchanged strategy to expand and strengthen the sea-based transport network through organic growth and participation in a consolidation of the market for the benefit of customers, business partners and shareholders.
Source: DFDS
