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.
Source : HKSG.
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