agility-dsv

Agility sale approved

An Extraordinary General Assembly Meeting of Agility approved the sale of its Global Integrated Logistics (GIL) business to DSV Panalpina on 23 May. The acquisition will be an all-share transaction and closing is expected in the third quarter of 2021. Agility will become the second largest shareholder in DSV with an approximate 8% stake in the combined company. Tarek Sultan, Agility’s Vice-Chairman, said: “For some years, Agility has made it known ... [+]