DSV completes DB Schenker buy as it notes strong Q1 performance by Air & Sea
Danish 3PL DSV formally completed its €14.3bn ($16.3bn) acquisition of German peer DB Schenker today, ...
Finally putting an end to all the media leaks, this morning Deutsche Bahn (DB) and DSV announced they have agreed a deal for the purchase of DB Schenker ? subject to DB’s supervisory board approval.
DB’s board has signed a deal which will give DB Schenker an enterprise value of €14.3bn, which, with interest before closing, will be a total sales value of €14.8bn. All sale proceeds will go to DB, which will help it cut debt. DSV has also pledged ...
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