News / Rival bidders DSV and CVC said to be offering €14bn for DB Schenker

Two rival bids have landed for DB Schenker, reports emerging this morning that Danish forwarder DSV and a consortium led by CVC Capital Partners had made binding offers in the region of €14bn ($15.6bn).

Bloomberg said the CVC-led group had “simultaneously” discussed a deal worth as much as €16m, which would also see the German government reinvest about €3bn, for a circa-25% stake.

According to the news agency, German state-owned parent Deutsche Bahn was evaluating the ...