Danish shipping giant DSV and a consortium led by private equity fund CVC Capital Partners submitted their final offers to purchase DB Schenker, the logistics…
Category: DB Schenker
Deutsche Bahn selects four finalists for DB Schenker sale
Deutsche Bahn (DB) has chosen the four finalists for the sale of DB Schenker. The last contenders are Danish shipping giants Maersk and DSV, the Saudi national shipping carrier Bahri and a partnership between investments funds CVC Capital Partners, Carlyle Group and the Abu Dhabi Investment Authority. This means that MSC is no longer in…
Deutsche Bahn selects four finalists for DB Schenker sale
Deutsche Bahn (DB) has chosen the four finalists for the sale of DB Schenker. The last contenders are Danish shipping giants Maersk and DSV, the Saudi national shipping carrier Bahri and a partnership between investments funds CVC Capital Partners, Carlyle Group and the Abu Dhabi Investment Authority. This means that MSC is no longer in…
Shortlist for DB Schenker’s buyers to be ready next week
Deutsche Bahn (DB) has received the first confirmatory bids for the sale of its logistics arm DB Schenker. Some of the companies that presented an offer include DSV, Maersk and MSC. Morevoer, equity firms such as CVC Capital Partners and Carlyle Group confirmed their bid of around 14 billion euros. This new step comes after…
Onrail to take over Oslo-Narvik route, gains DB Schenker as customer
Norwegian rail operator Onrail will take over the Oslo-Narvik freight route. The company will now gain DB Schenker as a customer. Other companies did not manage to propose financially attractive enough deals to the German logistics company. At the moment, the freight route from Oslo to the northern Norwegian port town of Narvik is being…
First indicative offers for DB Schenker are in
The sale of DB Schenker, the logistics arm of Deutsche Bahn (DB), seems to have entered a new phase. The deadline for submitting indicative, non-binding offers was Tuesday, 26 March, and at least seven interested parties bade. The amount of the offers has not been shared yet, but the value of the company is set…
Maersk still in the race for DB Schenker’s acquisition, says CEO
After DHL withdrew from the race of DB Schenker’s acquisition last week, Danish shipping company DSV appeared to be the sole remaining candidate to proceed with the purchase. However, another player claims it’s still here and ready to ‘disrupt’ the process. According to Maersk’s CEO Vincent Clerc, his company is still examining buying the German […]