BERLIN (Reuters) – Danish logistics enterprise DSV gained the race to get Schenker, the rail logistics arm of German state prepare Deutsche Bahn, assets on the prepare and on the German federal authorities acknowledged.
The assets acknowledged an preliminary settlement for the acquisition, value some 14 billion euros, will surely be checked in coming days. The cut price must be accepted by DB’s managerial board, made up largely, but not solely of federal authorities, legislative and union reps.
An agent for DB decreased to speak concerning the file. DSV acknowledged it didn’t discuss market rumours.
Financial capitalist CVC was the varied different challenger persevering with to be within the race to get Schenker, which in line with its web site has larger than 70,000 employees in 1,850 locations worldwide.
(Writing by Thomas Escritt; Editing by Chris Reese)
