The names of the four final bidders in the race to buy DB Schenker has been revealed by Reuters.
Maersk, DSV, Bahri — the national shipping line of Saudi Arabia — and private equity company CVC (with ADIA and GIC) are now in the final round of the sale process.
Bids are said to be between €14bn ($15.15bn) and €15bn, with the decision expected to be made by parent Deutsche Bahn this year, with the takeover slated for 2025, said MarketScreener.
The last two weeks at a glance
For more than a year, the whole world has been living with COVID-19 and related restrictions. The coronacrisis had a huge impact on the transport and logistics industry represented by sea, rail and air cargo transportation. Some of them continue to be in crisis mode, while others have become beneficiaries of the crisis.
