Final four bidders for DB Schenker revealed

31.05.2024

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.

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31.07.2024
Ocean freight market. July 2024

The July 2024 Ocean Freight Market Update highlights the current trends and developments affecting global shipping, with a specific focus on demand, capacity, rates, and regulatory impacts