Article: EU opens in-depth probe into takeover of Danish shipping company

EU opens in-depth probe into takeover of Danish shipping company

BRUSSELS, June 12 (Xinhua) -- The European Commission on Friday opened an in-depth probe into the proposed acquisition of joint control over DFDS by DSV and Vesterhavet, all of which are Danish shipping companies.

DFDS is currently solely controlled by Vesterhavet. DSV is the leading freight forwarder in Scandinavia, and DFDS is the leading shipping company providing Roll-on/Roll-off (Ro-Ro) shipping services in northern Europe.

Ro-Ro services are an important input for freight forwarding in Scandinavia.

The commission, the European Union (EU)'s antitrust watchdog, said its initial market investigation indicated that the ...

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