Acquisition of DB Schenker could have a major impact on the DSV share

”It will probably be positive for the share if DSV lands the deal. But how much the share price would rise depends on the price,” says one senior strategist.

Danish logistics company DSV is among the final contenders in the acquisition race for German DB Schenker. And a possible takeover could have a big impact on DSV’s share price, according to investors and strategists, reports the business daily Børsen.

”The acquisition is the big joker in relation to the DSV share. They will be able to achieve significant synergy effects, and it will probably be positive for the share if DSV lands the deal. But how much the share price would rise depends on the price,” says Michelle Nørgaard, senior strategist at Jyske Bank, to Børsen.

She is backed by Johnny Madsen, chief investment officer and partner at Formue- & Investeringspleje, who predicts a possible price gain of up to 15% if DSV succeeds in buying DB Schenker or another major company. However, he emphasizes that it must be done at an attractive price. If you buy at too high a price, investors may lose confidence that acquisitions are made with shareholder value in mind.

From ShippingWatch (English edit by Kristoffer Grønbæk)