Panalpina Group, a major Swiss logistics firm, and Shell (RDS.A), one of its customers, are...

|By:, SA News Editor

Panalpina Group, a major Swiss logistics firm, and Shell (RDS.A), one of its customers, are close to settling foreign-bribery charges stemming from a three-year probe by the SEC and DoJ. It could be the first of several related settlements by multinationals, including Nabors Industries (NBR), Schlumberger (SLB), Transocean (RIG) and Noble (NE).