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Deutsche Bahn’s plan to sell its logistics arm, DB Schenker, for €14.3 billion has been approved following a decisive vote on Wednesday. DSV has won the bid to acquire the unit, overcoming resistance from German labor unions and a rival bidder. The German government has also approved the $15.8 billion deal. To finance this acquisition, DSV has launched a €5 billion share sale and has already secured commitments from investors for more than half of the amount.
DSV receives commitments from investors for more than half of a €5 billion sale of new shares https://t.co/rgODJ2kJjX
DSV has launched a 5 billion euro share sale to finance its takeover of DB Schenker. This move marks a significant development in the logistics industry. #DSV #DBSchenker #Logistics #TakeoverFinancing $BKX
The German government has also approved the $15.8 billion deal for DB Schenker. @DBSchenker @DSV_global https://t.co/TLxR6XWNyJ
