Agility announced that it expects to complete the sale of its Global Integrated Logistics (GIL) business to DSV Panalpina A/S (DSV) today.
The all-shares transaction gives Agility 19,304,348 DSV shares upon full completion of the deal in all jurisdictions, representing approximately 8 pecent of all post-transaction shares of DSV. This makes Agility the second-largest DSV shareholder based on today’s shareholder register.
The enterprise value of the transaction is $4.775 billion and the equity value is $4.675 billion.