EXCLUSIVE: DB Schenker restructures – creates clusters, cuts (country level) fat
‘Never seen anything like it’
It’s legitimate to wonder whether FedEx is on the road to a break-up, whatever the scale of change to its corporate tree might be.
Not only is there a repeat of market speculation that an activist investor – Bill Ackman in particular (look at these examples in 2013 vs 2019 and spot the difference) – could be interested in a large stake. But with each passing year, FedEx founder Fred Smith seems to have run out of ammunition when it comes to ...