Deutsche Bahn supervisory board narrowly clears sale of Schenker to DSV
WEB21 hours ago · BERLIN, Oct 2 (Reuters) - Deutsche Bahn's (DBN.UL) supervisory board on Wednesday narrowly approved the sale of its profitable logistics business Schenker to Denmark's DSV , opens new tab, batting ...
Supervisory Board of Deutsche Bahn AG approves sale of logistics ...
WEB1 day ago · Today, the Supervisory Board of Deutsche Bahn AG approved the sale of DB Schenker to the Danish transport and logistics group DSV at an extraordinary meeting on Wednesday. At the same time, the federal government today granted the approval required for the transaction under the Federal Budget Code …
Deutsche Bahn Approves €14.3 Billion Logistics Unit Sale to DSV
WEB22 hours ago · 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 ...
Deutsche Bahn signs agreement to sell logistics subsidiary DB …
WEBSep 13, 2024 · The Management Board of Deutsche Bahn AG today signed an agreement for the sale of its logistics subsidiary DB Schenker to the Danish transport and logistics group DSV for an enterprise value (EV) of EUR 14.3 billion.
DSV signs agreement to acquire Schenker
WEBSep 13, 2024 · DSV announces its biggest transaction to date after signing an agreement to acquire Schenker from Deutsche Bahn. The acquisition will strengthen DSV's global network, expertise and competitiveness, benefiting employees, customers and investors. The value of the acquisition is EUR 14.3 billion.
Deutsche Bahn signs agreement to sell logistics subsidiary DB …
WEBSep 13, 2024 · DB Schenker will gain a financially strong owner and new growth prospects with DSV. With its leading position in numerous markets, DSV opens up considerable potential for DB Schenker. The aim is to create a global leader in transport and logistics, with DB Schenker being a pivotal pillar.
DSV buys Deutsche Bahn logistics business in €14.3bn deal
WEBSep 13, 2024 · DSV will become the world’s largest logistics management company after the Danish group agreed to buy Deutsche Bahn’s logistics unit Schenker in a €14.3bn deal. The all-cash acquisition will...
DSV, 1134 - DSV RECEIVES BOTH SELLER APPROVALS TO …
WEB22 hours ago · Company Announcements. DSV, 1134 - DSV RECEIVES BOTH SELLER APPROVALS TO ACQUIRE SCHENKER. 02.10.2024. Company Announcement No. 1134. With reference to DSV’s company announcement no. 1132 on 13 September 2024 DSV A/S (“DSV”) has received confirmation that both conditions precedent for the seller Deutsche Bahn (“DB”) have been satisfied.
Schenker acquisition | DSV Transport and Logistics
WEBSep 13, 2024 · DSV has signed an agreement to acquire Schenker from Deutsche Bahn in a deal valued at EUR 14.3 billion (approximately DKK 107 billion). The combination of the two companies will increase the company's competitiveness and provide access to new markets in a very dynamic and competitive industry.
DSV to create global logistics giant with $15.9 billion Schenker ...
WEBCOPENHAGEN/BERLIN, Sept 13 (Reuters) - Denmark's DSV (DSV.CO) has agreed to buy Schenker, the logistics arm of German state rail operator Deutsche Bahn, for 14.3 billion euros ($15.85...