jefferies-international

Panalpina could be takeover target, say analysts – updated

International freight forwarder Panalpina could find itself the subject of a takeover bid, say two city analysts in a report. David Kerstens and Hamish Dalgarno – respectively, equity analyst and equity associate at investment banker Jefferies International – say that the Swiss-based company’s performance has been below par lately, which could lead to one of the more flush operators attempting to buy it. The analysts predict a general upsurge in mergers ... [+]