January 16, 2019 / 5:36 AM / 7 months ago

BRIEF-Panalpina Statement On Unsolicited, Non-Binding Approach From DSV

Jan 16 (Reuters) - Panalpina Welttransport Holding AG:

* BOARD OF DIRECTORS OF PANALPINA ANNOUNCES THAT IT HAS RECEIVED AN UNSOLICITED, NON-BINDING PROPOSAL FROM DSV TO ACQUIRE COMPANY AT A PRICE OF CHF 170 PER SHARE, COMPRISING A MIX OF CASH AND DSV SHARES.

* PROPOSAL FROM DSV TO ACQUIRE COMPANY AT A PRICE OF CHF 170 PER SHARE

* PROPOSAL COMPRISING A MIX OF CASH AND DSV SHARES

* BOARD OF DIRECTORS OF PANALPINA IS REVIEWING PROPOSAL IN CONJUNCTION WITH ITS PROFESSIONAL ADVISERS Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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