Salvesen shareholders say “oui” to Norbert Dentressangle
| Related Stories • Christian Salvesen on verge of $519 million takeover by French rival |
The percentage of votes at a court meeting for Dentressangle’s 92 pence ($1.92) per share offer, valuing Salvesen at '254.4 million ($532.1 million), was 99.84 percent.
Dentressangle’s offer represents a premium of 78.6 percent to Salvesen’s closing share price of 51.5 pence on Sept. 24, the last business day prior to the announcement by the U.K. company of approaches from two unnamed parties.
Subject to regulatory approvals, the last day of trading Salvesen shares is expected to be Dec. 13.
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now