Supply Chain Radar: does CEVA’s Q3 update make a counterbid by DSV less likely?

November 14, 2018 Alessandro Pasetti

French carrier CMA CGM must publish by 30 November the full details of its offer for CEVA Logistics, currently priced at CHF30 a share. So what is my take, and the feedback I have received in the past 24 hours?
CEVA’s days as a standalone, viable entity are numbered, judging by its third-quarter update released on Thursday.
In a nutshell, the firm is growing in a market where less profitable growth is harder ...

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