BERLIN (Reuters) – Danish logistics agency DSV gained the race to amass Schenker, the rail logistics arm of German state prepare Deutsche Bahn, assets on the prepare and on the German federal authorities claimed.
The assets claimed an preliminary settlement for the deal, price some 14 billion euros, will surely be checked in coming days. The cut price must be approved by DB’s managerial board, made up primarily, nonetheless not solely of federal authorities, legislative and union reps.
A consultant for DB decreased to debate the document. DSV claimed it didn’t talk about market rumours.
Financial capitalist CVC was the assorted different competitor staying within the race to amass Schenker, which in keeping with its web web site has better than 70,000 employees in 1,850 locations worldwide.
(Writing by Thomas Escritt; Editing by Chris Reese)
