German national railway Deutsche Bahn AG and transport and logistics provider DSV of Denmark on Friday said they have signed an agreement for DSV to acquire DB’s logistics subsidiary Schenker for an estimated $15.84 billion.
DB said interest income until completion of the sale could push the value to $16.4 billion.
DSV said in a release that the combined companies will have revenue of $43.5 billion, ranking ahead of current leading global forwarder Kuehne+Nagel of Switzerland, at $28.11 billion....
https://www.freightwaves.com/news/schenker-buy-makes-dsv-a-forwarder-colossus