DB Schenker, Deutsche Bahn
Deutsche Bahn’s €14 Billion Unit Sale Faces Decisive Vote
Deutsche Bahn AG’s planned €14.3 billion ($15.8 billion) sale of its logistics arm is facing a decisive vote Wednesday.
Deutsche Bahn approves sale of DB Schenker to DSV
Deutsche Bahn has approved the sale of its freight forwarding business DB Schenker to transport and logistics group and fellow forwarder DSV.
DB Schenker Sale Faces Decisive Vote
Deutsche Bahn AG’s planned 4.3 billion-euro ($15.8 billion) sale of its logistics arm is facing a decisive vote Oct. 2.
DB Schenker sale to DSV approved by supervisory board
The sale of DB Schenker is an important milestone for DB, allowing us to focus consistently on the reconstruction of domestic rail infrastructure and the operation of environmentally friendly passenger and freight transport in Germany and Europe,
German rail firm Deutsche Bahn approves freight subsidiary sale
The board of Germany's state-owned Deutsche Bahn railway approved the sale of the logistics subsidiary DB Schenker to the Danish firm DSV on Wednesday. A majority of Deutsche Bahn's supervisory board voted in favour of the deal,
Deutsche Bahn Union to Vote Against Schenker Sale, FAZ Says
A Deutsche Bahn AG labor union will try to block the agreed €14.3 billion ($16 billion) sale of subsidiary DB Schenker to Danish freight firm DSV A/S, Frankfurter Allgemeine Zeitung reported.
Deutsche Bahn faces union opposition in DB Schenker sale vote
On Wednesday, 2nd October, the Deutsche Bahn (DB) supervisory board is expected to vote on the proposed sale of its logistics subsidiary, DB Schenker, to Danish competitor DSV. However, the sale is facing resistance from the railway and transport union EVG, potentially jeopardising the transaction.
Deutsche Bahn union is said to plan voting against Schenker sale
A union representing Deutsche Bahn workers will seek to block the agreed-upon  €14.3 billion ($16 billion) sale of subsidiary DB Schenker to Danish freight firm DSV A/S, the Frankfurter Allgemeine Zeitung newspaper reported.
Deutsche Bahn Supervisory Board approves sale of DB Schenker to DSV
The Supervisory Board of Deutsche Bahn approved the sale of DB Schenker to Danish transport and logistics group DSV at an extraordinary meeting on Wednesday. DSV announced its biggest transaction to date after signing an agreement to acquire DB Schenker from Deutsche Bahn on September 13, 2024 for an enterprise value of €14.3 billion.
Deutsche Bahn supervisory board narrowly clears sale of Schenker to DSV
Deutsche Bahn's (DBN.UL) supervisory board on Wednesday narrowly approved the sale of its profitable logistics business Schenker to Denmark's DSV , batting away union opposition and pushback from rival bidder CVC .
Deutsche Bahn Approves €14.3 Billion Logistics Unit Sale to DSV
DSV A/S won approval to buy Deutsche Bahn AG’s logistics unit for €14.3 billion ($15.8 billion), overcoming resistance from German labor unions and late attempts by a rival bidder to derail the deal.
DB Board Approves Schenker Sale After Union Backlash
Ahead of the DSV/Schenker deal’s approval vote, unions were against the sale due to concerns of job losses and a possible ...
Transport Topics2d
CVC’s Last-Attempt DB Schenker Bids Called ‘Inferior’
Deutsche Bahn said bids submitted by private equity fund CVC Capital Partners remain “inferior” to the winner’s offer, the ...
Air Cargo News2d
Union to vote against DSV’s proposed take over of DB Schenker
Railway and transport union EVG is reportedly planning to vote against the sale of forwarder DB Schenker to DSV later this ...
air cargo1d
Is big always better? Kuehne+Nagel CEO says "No" for now…
"We will continue to make strategic acquisitions...for us, growth is about becoming better, not necessarily bigger." ...
TrasportoEuropa1d
Strong growth in air cargo at Italian airports in August 2024
The Italian airport association, Assaeroporti, has released data on freight traffic at Italian airports for the first eight ...
DB Schenker collaborates with Microsoft Cloud Logistics on low carbon intercontinental transportation and sustainable logistics
MIAMI, FL / ACCESSWIRE / September 26, 2024 / DB Schenker is collaborating with Microsoft Cloud Logistics for the use of ...
DPA International on MSN3d
German rail union seeks to halt sale of profitable logistics unit
The EVG railway workers' labour union is to oppose plans by Germany's state-owned rail company Deutsche Bahn (DB) to sell off ...