CEO Lund serves the 'secret sauce' in DSV's M&A success
From small acorns…
Stockholm, September 16, 2024 ? Moody’s Ratings (Moody’s) says on September 13, 2024, Danish logistics company DSV A/S (A3 stable) announced that it had signed an agreement with Deutsche Bahn AG to acquire 100% of its logistics subsidiary, Schenker AG, for an enterprise value of €14.3 billion and an equity value of €11.3 billion. The transaction is subject to approval by the Supervisory Board of Deutsche Bahn and the German Federal Ministry for Digital and Transport. At this stage, DSV’s ...
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