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DSV is said to offer to limit layoffs in Schenker bidding race

German union Verdi expressed support for bidder CVC Capital Partners

Bloomberg NewsbyBloomberg News
September 4, 2024
in Archive
Reading Time: 2 mins read
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DSV A/S has committed to limit layoffs at Deutsche Bahn AG’s logistics arm in a move to tilt the bidding war for the unit toward the Danish company, according to people familiar with the matter. The firm sent a letter to Deutsche Bahn management and government representatives in recent days pledging to limit job cuts […]

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Tags: ACNDB SchenkerDSVmergers and acquisitions (M&A)PremiumVer.di
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