DSV, Schenker
Danish firm DSV raises €5bn in share sale to fund Schenker acquisition
The Danish logistics company is raising funds to buy Schenker, the logistics unit of German state railway Deutsche Bahn. View on euronews
DSV raises €5bn to part fund Schenker acquisition
DSV has raised €5bn through a share sale to help fund its €14.3bn purchase of DB Schenker. The "oversubscribed" offering was made to institutional
DSV Starts $5.5 Billion Share Sale for DB Schenker Takeover
DSV received commitments from investors for more than half of a $5.5 billion sale of new shares as the Danish freight-forwarding company finances its takeover of DB Schenker.
DB Schenker sale to DSV approved by supervisory board
The sale of DB Schenker is an important milestone for DB, allowing us to focus consistently on the reconstruction of domestic rail infrastructure and the operation of environmentally friendly passenger and freight transport in Germany and Europe,
Deutsche Bahn approves sale of DB Schenker to DSV
Deutsche Bahn has approved the sale of its freight forwarding business DB Schenker to transport and logistics group and fellow forwarder DSV.
DSV sells new shares for 5 billion euros without discount for DB Schenker deal
DSV has sold new shares for 5 billion euros (S$7.1 billion) without resorting to a discount, as a number of high-profile investors bought large stakes in the Danish freight-forwarding company. Read more at The Business Times.
DSV Sells €5 Billion Shares Without Discount for DB Schenker
DSV A/S sold new shares for €5 billion ($5.5 billion) without resorting to a discount as a number of high-profile investors bought large stakes in the Danish freight-forwarding company.
Denmark's DSV raises $5.5 billion for Schenker acquisition
Denmark's DSV said on Friday it had raised $5.5 billion in a share issue to partially finance its acquisition of Schenker, a deal that would make it the world's biggest logistics company. Last month,
DB Board Approves Schenker Sale After Union Backlash
Ahead of the DSV/Schenker deal’s approval vote, unions were against the sale due to concerns of job losses and a possible ...
International Railway Journal18h
DB Schenker sale approved
The supervisory board of German Rail (DB) and the German government separately approved the sale of DB Schenker to DSV on ...
Transport Topics2d
DB Schenker Sale Faces Decisive Vote
Deutsche Bahn AG’s planned 4.3 billion-euro ($15.8 billion) sale of its logistics arm is facing a decisive vote Oct. 2.
trans4d
Deutsche Bahn faces union opposition in DB Schenker sale vote
On Wednesday, 2nd October, the Deutsche Bahn (DB) supervisory board is expected to vote on the proposed sale of its logistics ...
Schenker sale to DSV approved
Switzerland-based DSV added to its stable of logistics providers, buying Schenker from the debt-laden German national railway ...
air cargo3d
Is big always better? Kuehne+Nagel CEO says "No" for now…
"We will continue to make strategic acquisitions...for us, growth is about becoming better, not necessarily bigger." ...
Transport Topics4d
CVC’s Last-Attempt DB Schenker Bids Called ‘Inferior’
Deutsche Bahn said bids submitted by private equity fund CVC Capital Partners remain “inferior” to the winner’s offer, the ...
TrasportoEuropa3d
Strong growth in air cargo at Italian airports in August 2024
The Italian airport association, Assaeroporti, has released data on freight traffic at Italian airports for the first eight ...