DB Schenker, DSV
Schenker sale to DSV approved
Switzerland-based DSV added to its stable of logistics providers, buying Schenker from the debt-laden German national railway. The post Schenker sale to DSV approved appeared first on FreightWaves.
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.
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.
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 Logistics Unit Sale to DSV
DSV won approval to buy Deutsche Bahn’s logistics unit for $15.8 billion, overcoming resistance from German labor unions and late attempts by a rival bidder to derail the deal.
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,
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 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.
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’s €14 Billion Logistics 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.
DSV, 1134 - DSV RECEIVES BOTH SELLER APPROVALS TO ACQUIRE SCHENKER
Company Announcement No. 1134 With reference to DSV’s company announcement no. 1132 on 13 September 2024 DSV A/S (“DSV”) has ...
Deutsche Bahn Calls CVC’s Last-Attempt Schenker Bids ‘Inferior’
Deutsche Bahn AG said bids submitted after the deadline by private equity fund CVC Capital Partners Plc. remain “inferior” to ...
DSV: Doubling In Size With Its Latest Acquisition, Adding $21 Billion In Revenue
DSV A/S's $15.93 billion acquisition of DB Schenker makes it the world's largest freight forwarder, with potential for strong ...
Air Cargo News3d
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 ...