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Actionable news in UTIW: UTi Worldwide Inc.,

UPDATE 1-DSV raises profit f'cast, expects UTi takeover in Q1 2016

(Adds CEO comment, analyst, context on takeover)

Oct 28 (Reuters) - Danish transport and logistic group DSV raised its profit guidance after posting a bigger-than-expected third quarter results on Wednesday and said it still expected to close a takeover of UTi Worldwide in the first quarter 2016.

The world's fifth largest freight forwarder said operating profit before special items rose to 851 million Danish crowns ($126 million) in July-September, beating a mean forecast of 816 million crowns in a Reuters poll of analysts.

Revenue and profits were...