BBG: German union prefers CVC as Schenker buyer to save jobs
BLOOMBERG reports: Verdi, Germany’s most powerful labor union, is making the unusual move of backing a private ...
Meeting after meeting, chat after chat with people in logistics, as well as financial sponsors who are all quite busy. From what I gather, drafting scenarios of various sorts spanning capital markets and M&A, life is getting more exciting by the hour.
But don’t mention DB Schenker (DBS).
’Pending progress’
Although S&P Global Ratings argued earlier this month that “Deutsche Bahn’s [DB] solid 2022 results should facilitate large planned investments”, it continues to assume that “rating headroom could likely reduce over 2023-2025”.
That’s not ...
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