Denmark’s DSV wins 14 billion-euro race for Deutsche Bahn’s Schenker, sources state

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    BERLIN (Reuters) – Danish logistics enterprise DSV received the race to get Schenker, the rail logistics arm of German state prepare Deutsche Bahn, sources on the prepare and on the German federal authorities acknowledged.

    The sources acknowledged an preliminary settlement for the acquisition, price some 14 billion euros, will surely be checked in coming days. The discount must be accepted by DB’s managerial board, made up principally, but not solely of federal authorities, legislative and union reps.

    An agent for DB decreased to speak in regards to the document. 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 response to its web site has better than 70,000 employees in 1,850 locations worldwide.

    (Writing by Thomas Escritt; Editing by Chris Reese)



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