2024-05-26 01:38:15
The railway firm may quickly be trying ahead to a lavish sum. The method of promoting its logistics subsidiary Schenker started on the finish of final yr.
In line with a report, the sale of its logistics subsidiary Schenker may deliver in additional than 15 billion euros for Deutsche Bahn. Because the “Handelsblatt” reported on Friday, a number of non-binding bids had been obtained within the first spherical of bidding, a few of which exceeded the 15 billion euro mark. An inventory of three to 4 remaining bidders will quickly be drawn up, the report mentioned, citing sources accustomed to the matter.
They might then be given a deeper perception into Schenker’s books and will make binding presents, reported the “Handelsblatt”. Traders and supervisory board circles had beforehand given a valuation vary for Schenker between ten and 15 billion euros.
Gross sales course of began shortly earlier than Christmas
Deutsche Bahn had began the method of promoting its logistics subsidiary shortly earlier than Christmas. A spokeswoman for the corporate informed the newspaper that the method was going in line with plan. The non-binding presents would now be fastidiously evaluated “earlier than the following part of the gross sales course of begins shortly.”
With round 76,600 staff at over 18,500 areas in additional than 130 nations, Schenker is among the world’s main logistics service suppliers. The corporate is the group’s revenue maker. The proceeds from the sale will go totally to Deutsche Bahn and can largely cut back its money owed. The group is closely indebted to over 30 billion euros.