DSV, Deutsche Bahn and Schenker
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.
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 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.
Denmark's DSV secures Deutsche Bahn unit despite union resistance
Danish firm DSV has secured a deal to buy Schenker, the logistics unit of German state railway Deutsche Bahn (DB). The deal, signed on Friday, values Schenker at €14.3bn, with €11.3bn of equity. Friday's announcement marks the largest sale in DB's history and will make DSV the world's biggest logistics firm.
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.
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,
Denmark's DSV to raise around $5.5 billion for Schenker acquisition
Denmark's DSV said on Thursday it is raising over 37.3 billion Danish crowns ($5.51 billion) by issuing new shares to ...
Supply Chain16h
DSV Wins Approval for €14.3B Sale to Become World's Largest Freight Forwarder
The purchase will make DSV the world’s largest freight-forwarder and turn it into Denmark’s second-largest company by revenue.
Bloomberg L.P.20d
Novo Loses Second Place in Danish Revenue Rankings to DSV
DSV A/S’s new acquisition, the $15.9 billion takeover of DB Schenker, will almost double the freight company’s sales, making it Denmark’s second-largest firm by that measure and pushing Novo ...
Reuters22d
Denmark's DSV wins 14 billion-euro race for Deutsche Bahn's Schenker, sources say
BERLIN, Sept 11 (Reuters) - Danish logistics company DSV (DSV.CO), opens new tab won the race to buy Schenker, the rail logistics arm of German state railway Deutsche Bahn, sources at the railway ...
Nasdaq20d
Denmark’s DSV to Acquire Deutsche Bahn’s Schenker for €14.3B
Denmark-based logistics company DSV A/S (DE:DS81) confirmed reports that it has signed an agreement to acquire its rival Schenker from German state rail operator Deutsche Bahn for €14.3 billion ...
Denmark's DSV raises around $5.5 billion for Schenker acquisition
Denmark's DSV said on Thursday it is raising over 37.3 billion Danish crowns ($5.51 billion) by issuing new shares to ...
Transport Topics8h
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.