Madrid beckons: Kuehne's bolt-on M&A comes – one zero after another
While the Danes are (sigh) on a roll…
© DB Schenker
By Alex Lennane
Deutsche Bahn’s supervisory board, in an extraordinary meeting, has approved the sale of DB Schenker to DSV.
In a statement just issued, the rail company added that the German federal government had also approved the transaction, expected to complete some time next year after all regulatory approvals have been obtained.
Including the “expected interest income until closing”, the total sale value could be up to €14.8bn ($16.37bn).
“The sale of DB Schenker marks an important milestone for DB in its efforts to fully ...
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