The Danish logistics group DSV published its third quarter results on Wednesday, reporting a turnover of DKK 44b, which is DKK 8.5b more than the same period last year.

However, profits this quarter were roughly equal to the corresponding period last year at DKK 2.8m.

DSV is awaiting approval from competition authorities for its agreement to acquire German logistics company DB Schenker for over DKK 100b.

Schenker is one of the world’s leading transport and logistics providers with around 86,600 employees including temporary workers at more than 1,850 locations in over 70 countries.

The company operates land, air and ocean transportation services and offers comprehensive logistics and global supply chain management solutions.

“The combination with Schenker will create a world leading player in the industry with a combined 2023 revenue of approximately DKK 293 billion and a combined workforce of around 160,000 employees,” said DSV in its interim report.

If the merger is approved, DSV will become the largest logistics company in the world.

DSV is also the exclusive joint-venture partner for the futuristic desert city project NEOM, located in Saudi Arabia’s Tabuk Province.

DSV will provide transport and logistics services for NEOM, and states in the interim report that it has “obtained final regulatory approvals, and the incorporation process has begun”.

Hamas leader Yahya Sinwar, believed by Israel to be the mastermind of the October 7 2023 terror attack that set off the current war in Gaza, was killed by an Israeli shell in Gaza yesterday, according to Israeli forces.

The Guardian has published drone footage from Gaza that the Israeli Defence Force says shows Sinwar sitting hunched in a chair alone in a room destroyed by shelling, with a severely wounded arm and his face obscured by a scarf, moments before an additional shell was fired at the building, causing it to collapse and kill him.

The Guardian says it has not independently verified the footage.

EU leaders were gathered last night for a summit in Brussels when the news of the assassination came.

Denmark’s Prime Minister Mette Frederiksen was among the heads of state and government who received the news during the summit.

“The Hamas leader who was killed is one of the architects behind the attack on Israel. Seen from a Danish perspective, it is difficult to regret the death. Because we are dealing with a hardcore terrorist,” she responded.

According to Politiken, Frederiksen said that the summit attendees discussed the situation in the Middle East, and that there was both agreement to stand behind Israel’s right to self-defense and at the same time call for more emergency aid and a stop to Israeli settlement.