After DHL withdrew from the race of DB Schenker’s acquisition last week, Danish shipping company DSV appeared to be the sole remaining candidate to proceed with the purchase. However, another player claims it’s still here and ready to ‘disrupt’ the process. According to Maersk’s CEO Vincent Clerc, his company is still examining buying the German […]
Category: DB Schenker
Danish DSV becomes frontrunner for DB Schenker acquisition
The sale of DB Schenker, Deutsche Bahn’s logistics arm, might have found its suitor. Danish shipping giant DSV signed an agreement with two investment banks to gather enough funds to conclude the purchase. On the other hand, DHL officially withdrew from the race. DSV is cooperating with French BNP Paribas and the British-Chinese credit institution […]
Dozens of parties reportedly interested in buying DB Schenker
Roughly 25 parties have submitted their names for the takeover of DB Schenker to the international banking consortium that is supervising the sale of the German forwarder. The names include the usual suspects such as the Danish DSV and the German DHL, but the majority are still unknown. Specialists close to the sales process announced […]