Forwarders eye growth via M&A as deal activity builds
M&A is expected to increase among the fragmented forwarding sector this year, with several companies ...
“Deutsche Bahn increased its debts in 2019 and the German rail company is now €3bn ($3.3bn) short of meeting its financial obligations, according to a report by the Federal Court of Auditors.” – Deutsche Welle, 13 September 2019.
When in mid-June Deutsche Bahn (DB) CEO Richard Lutz said that DB Schenker was “an integral part of our group portfolio” – essentially dismissing the divestment of the subsidiary – I pointed out that a float of the 3PL should have not been ruled ...
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