Comment / DB Schenker sale – storm clouds gathering

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The DB Schenker (DBS) sale is shaping up to be the exact opposite of what any M&A book would suggest, hijacked by politics in the early days when the opportunity was there to grab – May 2021: ’Unshakeable’ – and now with little care about when to actually execute the deal, apparently later this year.

Windshield view 

Because if value realisation had been the agenda, mid-way through Covid-19 (the forth or fifth wave), with liquidity all over the place (SPAC deal trends ...