Stifel Downgrades UTi Worldwide (UTIW) to Hold

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UTi Worldwide (UTIW) Says Talks With DSV A/S Ended, Never Moved Beyond Preliminary Stage

December 4, 2014 7:16 AM EST

Late Wednesday, UTi Worldwide Inc. (Nasdaq: UTIW) responded to a Bloomberg report that UTi is in "advanced talks to sell itself to DSV A/S".

Although UTi can confirm that exploratory conversations have taken place between the companies, in response to an... More

DSV says no current talks with UTi Worldwide (UTIW) - Bloomberg

December 3, 2014 5:35 PM EST

DSV says no current talks with UTi Worldwide (NASDAQ: UTIW) - Bloomberg.

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UPDATE: UTi Worldwide (UTIW) in Talks for Possible Sale to DSV

December 3, 2014 2:29 PM EST

(Updated - December 3, 2014 2:31 PM EST)

UTi Worldwide (Nasdaq: UTIW) is said to be in advanced talks to sell itself to Denmark's DVS A/S, according to Bloomberg sources. An agreement could be reached this month, the report said.

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