dfds-ekol

DFDS abandons Ekol buy

DFDS has abandoned its bid to acquire the international transport network of one of Turkey’s largest operators, Ekol Logistics. It said that completion of the transaction was conditional upon regulatory approvals and certain contractual conditions. Some of the latter had not been satisfied by the agreed deadline, forcing it to terminate the share purchase agreement. The two parties signed an agreement for the Danish firm to acquire Ekol Logistics transport network ... [+]