DSV chief reticent on Schenker: the focus on growing market share
DSV focused on gains in market share, organic growth and making investors confident in its ...
© Mohamed Ahmed Soliman
Heavily indebted German rail operator Deutsche Bahn is reportedly considering offloading its logistics subsidiary, DB Schenker. VerkehrsRundschau, citing sources, claims the sale has been speculated for some months – although last week, Reuters said a company report indicated it would only be looking to sell a minority stake – after DB’s net debt exceeded €19.5bn. For some, the news may seem surprising, given that Schenker has brought home the bacon for DB over the past 12 months. But with both Schenker and Arriva on the table, DB could be looking at generating €15bn from a sale. You can read more analysis on DB Schenker’s future (a takeover by K+N or DP-DHL?) on Loadstar Premium today. The VerkehrsRundschau report is in German, but you can translate it here.
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