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Green Marine

about 17 years ago

EC probe threat kills DFDS deal

DSV has abandoned plans to take control of DFDS, after the EC blocked the deal with the threat of a phase two competition probe. The Danish logistics firm had agreed to take a 45% stake in a new company, Vesterhavet-DSV Holding, which would have held a 56% share of the ferry operator. However, the E

1 minutes read

DSV has abandoned plans to take control of DFDS, after the EC blocked the deal with the threat of a phase two competition probe. The Danish logistics firm had agreed to take a 45% stake in a new company, Vesterhavet-DSV Holding, which would have held a 56% share of the ferry operator. However, the EC opened a phase two investigation into the deal after fears were raised it could damage the market.

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