Takeover Talk TNT

Deutsche Bahn pondering a sale of DB Schenker?

Heavily indebted German rail operator Deutsche Bahn is reportedly considering offloading its logistics subsidiary, DB Schenker. VerkehrsRundschau, citing sources, claims the sale has been speculated for some months – although last week, Reuters said a company report indicated it would only be looking to sell a minority stake – after DB’s overall debt exceeded €19.5bn. For some, the news may seem surprising, given that Schenker has brought home the bacon for …

The post Deutsche Bahn pondering a...

https://theloadstar.com/deutsche-bahn-pondering-a-sale-of-db-schenker/

DSV wins the battle to take over Panalpina in $4.72bn deal

Denmark’s DSV and Switzerland’s Panalpina announced today they had “agreed to join forces”, in a deal that values Panalpina at about Sfr4.7bn ($4.72bn), excluding debt considerations. It is effectively a takeover of the latter by the former, where significant cost savings will be targeted.
This is the largest deal in the transport and logistics industry since Japan Post acquired Toll Group four years ago for $5.1bn – and now Toll could …

The post DSV wins the battle to take over Panalpina in...

https://theloadstar.com/dsv-wins-the-battle-to-take-over-panalpina-in-4-72bn-deal/