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Comment / Enter 'ONE DSV' controlled by Germany

ADSV1
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This week, the equity research team at Bernstein reiterated the view that DSV will win over DB Schenker…

… confidently pointing out that the Danish forwarder can raise a small amount of new equity to secure the prized Deutsche Bahn-owned 3PL…

… while loading the combined entity’s balance sheet with new debt to fund what would be mostly a cash deal.

(Germany happy, DSV too.)

How it works

Now keep in mind the resulting equity stake of Germany in DSV under an all-equity deal: 29.98%. ...

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