DSV – near-$4bn Schenker boost update
Beauty and curse of M&A
FDX: GLOBAL IT OUTAGE IMPACT FELTUPS: GLOBAL IT OUTAGE IMPACT FELTJBHT: PAYOUT UNCHANGED ODFL: STEADY LOW YIELDMAERSK: BACK TO PRE-RED SEA CRISIS LEVELSDSV: SURGINGHLAG: FUEL FOR THOUGHTF: ELECTRIC AVENUES TSLA: ELECTRIC AVENUES FDX: DUTCH DEBUTAAPL: AI BONANZAJBHT: PRESSURE BUILDSPLD: IN LINEWTC: HARMEDMFT: NEW HIGH XPO: MEXICAN WAVE
FDX: GLOBAL IT OUTAGE IMPACT FELTUPS: GLOBAL IT OUTAGE IMPACT FELTJBHT: PAYOUT UNCHANGED ODFL: STEADY LOW YIELDMAERSK: BACK TO PRE-RED SEA CRISIS LEVELSDSV: SURGINGHLAG: FUEL FOR THOUGHTF: ELECTRIC AVENUES TSLA: ELECTRIC AVENUES FDX: DUTCH DEBUTAAPL: AI BONANZAJBHT: PRESSURE BUILDSPLD: IN LINEWTC: HARMEDMFT: NEW HIGH XPO: MEXICAN WAVE
REUTERS reports:
The field of bidders for German rail operator Deutsche Bahn’s logistics unit Schenker has narrowed to DSV and CVC after Saudi Arabia’s Bahri dropped out of the race, two people familiar with the sale told Reuters on Thursday.
Deutsche Bahn, which has put Schenker up for sale to reduce its debt, said it would not comment on individual suitors as a matter of principle.
The Saudi company, which is also known as the National Shipping Company of Saudi Arabia, did not immediately respond to a request for comment…
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