Supervisory board of Deutsche Bahn approves sale of logistics subsidiary DB Schenker to DSV
Supervisory Board of Deutsche Bahn AG approves sale of logistics subsidiary DB Schenker to DSV Chairman ...
German outlets are reporting that Deutsche Bahn may be considering selling its freight arm, DB Cargo, as EU regulators eye the operator amid claims of market distortion.
Losses at the beleaguered German state operator have passed the half-a-billion euro mark and European authorities have become increasingly concerned that the government plugging these losses is proving anti-competitive and distorting the market.
Seeking to avoid sanctions, DB has been seeking a resolution, and Handelsblatt reports general counsel Alexander ...
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