Supervisory board of Deutsche Bahn approves sale of logistics subsidiary DB Schenker to DSV
Supervisory Board of Deutsche Bahn AG approves sale of logistics subsidiary DB Schenker to DSV Chairman ...
State aid is, unsurprisingly, all the rage in these crazy days, but even so, the initial numbers coming out of Germany’s Deutsche Bahn, owner of DB Schenker, are mind-bending: it believes it is on course to lose €11bn-€13.5bn through to 2024, according to this report from Euractive. And while it has the ability to make around €5bn in cuts, the remainder will have to come from the federal government.
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