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.
Besides continued low rates, other factors set to influence 2024 are interest rates, environmental regulations and geopolitical uncertainty.
Access to capacity is turning out to be difficult on certain major maritime routes and freight rates are rising
