Underperforming DSV – remember the allure of its 'crowning achievement'
In the name of synergy
© Natalia Riabchenko
By Alex Lennane
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 ...
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