schenker © Mohamed Ahmed Soliman
© Mohamed Ahmed Soliman

DB Schenker would remain independent and not merge with Scan Global if acquired by CVC Capital Partners, and could opt for an IPO, according to a source.

The bid for DB Schenker by a consortium led by the private equity firm plans to develop the company as an independent entity and maintain its brand.

The HQ will remain in Germany and the bidders are believed to have committed to safeguarding jobs in Germany.

The bid also makes provision for a possible IPO when market ...

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