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€14.3bn sale of DB Schenker set to help struggling German railway

By Yahoo! Finance   |   Sep 13, 2024 at 05:44 AM EST
€14.3bn sale of DB Schenker set to help struggling German railway

Danish logistics company DSV acquires DB Schenker for €14.3 billion, aiming to improve the financial sustainability of German rail operator Deutsche Bahn. The deal includes job protection until 2027 and approval is pending from the supervisory board and government.

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