ALE 123

Market talk and deal metrics equal joy and pain: always blame the latter when you do not reach agreement with your market sources.

(Source YouTube)

Private stuff

It was a great start to the week, with many of my sources outraged by talk of a €13bn valuation for DB Schenker, and adamant that Geodis + Bolloré could work on paper, but that it is not meant to be. A deal, talked of in the recent past, is not going to happen ...

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