M&A radar: MSC (vs Mærsk) – a bit Amazon, a bit UPS. With an eye on Schenker...
Targeted arbitrage, anyone?
REUTERS reports:
German rail operator Deutsche Bahn will post half-year consolidated profit of around 420 million euros ($425.21 million), boosted by strong business at its Schenker logistics subsidiary, a document seen by Reuters showed on Wednesday.
Revenue at the state-owned company rose 10% year-on-year to around 28 billion euros in the first six months of the year, while earnings before interest and taxes were at 876 million euros, the document showed.
A spokesperson for the company declined ...
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M&A radar: MSC (vs Mærsk) – a bit Amazon, a bit UPS. With an eye on Schenker...
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