Why China's port giants are sitting out the big M&A cycle
Avoiding the post-mortem
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“… yes, it’s quiet out there but the DB Schenker (DBS) sale is nearing.”
Sat in a shabby Venice bar yesterday for a pre-dinner lager with Nick Marsh, while his wife and girls went shopping with my boys and wife*, those remarks from our Loadstar managing director were forceful.
(*Every unspent cent is a cent earned: it wasn’t a shopping spree, thankfully!)
I countered that it was unusual for the rumours, if a deal was happening as expected in Q4 2023 starting tomorrow ...
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