Deutsche Bahn, DB Schenker
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’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 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 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.
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.
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 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 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.
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
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.
Railway Gazette International18h
German government approves sale of DB’s Schenker business
GERMANY: Deutsche Bahn's planned sale of the Schenker land, air and maritime logistics business to Danish transport group DSV ...
Danish firm DSV raises €5bn in share sale to fund Schenker acquisition
The Danish logistics company is raising funds to buy Schenker, the logistics unit of German state railway Deutsche Bahn. View ...
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 ...