BERLIN (Reuters) – Danish logistics business DSV won the race to get Schenker, the rail logistics arm of German state train Deutsche Bahn, resources at the train and at the German federal government stated.
The resources stated an initial agreement for the purchase, worth some 14 billion euros, would certainly be checked in coming days. The bargain needs to be accepted by DB’s managerial board, made up mostly, yet not solely of federal government, legislative and union reps.
An agent for DB decreased to talk about the record. DSV stated it did not talk about market rumours.
Financial capitalist CVC was the various other challenger continuing to be in the race to get Schenker, which according to its site has greater than 70,000 workers in 1,850 places worldwide.
(Writing by Thomas Escritt; Editing by Chris Reese)
