Hamburg – the Petri dish for Schenker?
Politics + M&A = Trouble?
© Mohamed Ahmed Soliman
By Alex Lennane
Bloomberg sources have reported that Deutsche Bahn (DB) has received a “handful” of bids for DB Schenker. These include both Maersk and MSC, and a consortium led by CVC Capital Partners and Carlyle Group, in an offer worth some $14bn. The consortium is reportedly talking to the Abu Dhabi Investment Authority and Singapore Wealth Fund GIC. DB, which has called the sale Project Nova, said that the bidders had had a chance to “refine” their bids in recent weeks.
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