2023-12-23 00:00:00
(22/12/2023)
The DB Group has established an open and non-discriminatory process for the sale of shares. The condition for the sale is that it has economic advantages for Deutsche Bahn in all aspects. Potential investors should express their interest in the coming weeks. An initial public offering is not ruled out, although it is considered unlikely. Possibly favoring a complete sale to a rival or investor. Potential buyers include logistics companies such as Deutsche Post DHLn.DE and financial investors.
Benefit
Schenker could be worth between 12,000 and 20,000 million euros, although these calculations would be influenced by the state of the global economy and the impact of the war in Ukraine, with the consequent energy crisis.
Schenker’s operating profit this year will amount to just over €1 billion, up from €1.8 billion in 2022. With the sale, Deutsche Bahn would focus on its core business, using a large portion of the proceeds to reduce your debt.
#German #Railways #launches #sale #logistics #subsidiary #Schenker