Mobile Menu
Deals & Transactions

Conyers advises DSV on its proposed US$1.35 billion take private of UTi Worldwide

October 2015 Anton Goldstein

Conyers Dill & Pearman has advised DSV A/S (“DSV”) on its agreement to acquire UTi Worldwide Inc. (NASDAQ: UTIW) (“UTi”). The take private transaction, which is to be implemented by way of a British Virgin Islands statutory merger and is subject to approval by UTi shareholders and regulatory approvals, is valued at approximately US$1.35 billion.

The transaction, which is expected to be completed in the first quarter of 2016, is believed to be the second ever largest takeover of a publicly listed BVI company by transaction value.

The Conyers team, which worked alongside Skadden, Arps, Slate, Meagher & Flom LLP and Moalem Weitemeyer Bendtsen on the transaction, was made up of Anton Goldstein and Patrick Ormond.

 


Anton Goldstein
Partner

British Virgin Islands   +1 284 852 1119


Accolades
_

"Few firms can come close to Conyers on one critical metric, and this is the breadth of the client base."
- IFLR1000

expertise

Corporate


Related Jurisdictions

British Virgin Islands


Related International Markets

British Virgin Islands


Media Contact

For media enquiries, please contact media@conyersdill.com

Deals & Transactions

Conyers advises DSV on its proposed US$1.35 billion take private of UTi Worldwide

13 October 2015 Anton Goldstein

Conyers Dill & Pearman has advised DSV A/S (“DSV”) on its agreement to acquire UTi Worldwide Inc. (NASDAQ: UTIW) (“UTi”). The take private transaction, which is to be implemented by way of a British Virgin Islands statutory merger and is subject to approval by UTi shareholders and regulatory approvals, is valued at approximately US$1.35 billion.

The transaction, which is expected to be completed in the first quarter of 2016, is believed to be the second ever largest takeover of a publicly listed BVI company by transaction value.

The Conyers team, which worked alongside Skadden, Arps, Slate, Meagher & Flom LLP and Moalem Weitemeyer Bendtsen on the transaction, was made up of Anton Goldstein and Patrick Ormond.

 


Anton Goldstein
Partner

British Virgin Islands   +1 284 852 1119


 

expertise

Corporate


JURISDICTION(S)

British Virgin Islands


International Office(s)

British Virgin Islands