DFDS Terminates Shares Purchase Agreement for Turkish Acquisition
Source: www.gulfoilandgas.com 11/1/2024, Location: Europe
In April 2024, DFDS entered into a share purchase agreement to acquire the international transport network of Ekol Logistics.
As noted in the company announcement no. 24 of 9 April 2024, completion of the transaction was conditional upon regulatory approvals and certain contractual conditions. As certain contractual conditions have not been satisfied by the agreed deadline, DFDS has terminated the share purchase agreement and the transaction will consequently not take place.
