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Panalpina and DSV agree to join forces by way of CHF 4.6 billion (US$4.6 billion) public exchange of stock

April 2019

Jones Day is advising Panalpina Welttransport (Holding) AG, Basel, Switzerland, one of the world's leading freight forwarders, with respect to German, EU, and U.S. securities law aspects and foreign direct investment filings in connection with an agreement on a combination with DSV A/S, Hedhusene, Denmark, by way of a CHF 4.6 billion (US$4.6 billion) public exchange offer of DSV to all Panalpina shareholders to tender their Panalpina shares (listed at SIX Swiss Exchange) against DSV shares (listed at NASDAQ Copenhagen).

For additional information about this matter, please contact: Markus Weber, Ansgar C. Rempp, Linda A. Hesse

Client(s): Panalpina Welttransport (Holding) AG
Practice(s): M&A