DSV A/S (DSV.CO)
Latest Key Developments (Source: Significant Developments)
Corrects operating profit figure in last bullet point.DSV A/S
DSV A/S:Proposes ordinary dividends of 1.70 Danish crown per share for FY 2015.Sees FY 2016 operating profit before special items to be in range of 3.10 billion - 3.50 billion crowns. Full Article
DSV A/S:Says has closed previously announced agreement to acquire UTi Worldwide.Says as previously announced, enterprise value of transaction is about $1.35 billion. Full Article
DSV A/S:Says offering of 17,499,999 new shares announced on Nov. 19 and 681,819 existing shares in DSV has been successfully executed through accelerated bookbuilding process.Says offer price is 275 Danish crowns per share, raising gross proceeds to DSV of 5.0 billion crowns.Says proceeds from offering will be used to partly finance expected acquisition of UTi Worlwide.Danske Bank A/S, Nordea Markets (division of Nordea Bank Danmark A/S) and ING Bank N.V. acted as Joint Global Coordinators and Joint Bookrunners in connection with the offering. Full Article
COPENHAGEN, Aug 5 Danish transport and logistics company DSV shares rose as much as 4.4 percent on Friday after it posted better second-quarter operating profit than expected and said it was ahead of plan in integrating U.S.-based UTi.