Wednesday, 13/03/2024, 22:01 (GMT +7)
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Maersk studies possibility of acquiring DB Schenker
Last week, after DHL Group withdrew from the battle to acquire DB Schenker, one of the largest acquisitions in the global logistics industry, shipping company Maersk hired a consultant to study the possibility of taking over the leading logistics brand from Germany.
According to Danish financial daily Børsen, the world's second largest container shipping company is studying the purchase of DB Schenker, the logistics brand currently being sold by parent company Deutsche Bahn.
Maersk CEO Vincent Clerc told the newspaper that the company is taking a "very cautious approach" to the acquisition of DB Schenker.
Analysts at Sydbank, suggest another Danish name in logistics, DSV, remains the favourite to take over the German transport group.
DB Schenker is valued at 15 billion EUR (16.4 billion USD). This prestigious corporation currently has a workforce of about 72,000 people around the world.
Read more:
- Maersk May Consider Acquisition of DB Schenker
- DB Schenker to be sold as a complete unit and not split up
- Deutsche Bahn prepares to sell subsidiary DB Schenker
Source: Phaata.com (According to Splash247)
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