Sellers Need to Take Initiative for Competition Clearance: Lessons from the DFDS/Ekol Logistics Abondenned Acquisition
Approximately two and a half years ago, DFDS made a bid of 260 million euros to acquire Ekol Logistics’ international operations. However, just 24 hours before closing on October 31, DFDS sought to revise the offer, requesting a price reduction. Ekol Logistics declined, and the acquisition was officially called off on November 1. DFDS had previously entered the Turkish […]