News / CVC questions DB Schenker sale process after offering to raise its bid

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After a last-ditch attempt by CVC to overturn DSV’s successful bid for DB Schenker by offering more money failed, the consortium has questioned the fairness of the sales process. 

However, Schenker owner Deutsche Bahn has asserted it was conducted in a “transparent, open and non-discriminatory manner in accordance with EU law.” 

While CVC declined to comment, a well-placed source told The Loadstar that, in a letter to DB’s supervisory and management board on Tuesday, the private equity fund described its offer for DB Schenker ...