News / DSV offering €1bn investment and jobs guarantee to land Schenker, claim

© Natalia Riabchenko

DSV has declined to comment on a media report that it has ’sweetened’ its takeover bid for DB Schenker by promising a €1bn investment and providing a guarantee that the workforce will remain intact for two years after the sale.

A consortium led by private equity firm CVC Capital Partners is the only other bidder for the Deutsche Bahn subsidiary, which is principally being sold to finance much-needed upgrades to the German state railway network, and also to reduce its high ...