GERMAN forwarding and logistics company DB Schenker has attracted bids from major shipping and logistics firms as well as a private equity consortium, reports London's Air Cargo News.
According to a bloomberg report, a consortium led by CVC Capital Partners and Carlyle Group has submitted a bid valued at around US$15.12 billion.
Additionally, DSV, AP Moller Maersk, and Mediterranean Shipping Company (MSC) have also placed bids.
Bloomberg cited insiders who noted that the logistics companies were less aggressive on price than the private equity consortium.
Back in March, Air Cargo News reported that DB Schenker had garnered interest from approximately 20 parties.
Other companies rumoured to be interested include UPS, DP World, Saudi shipping company Bahri, and Abu Dhabi Ports owner ADQ.
However, Bloomberg reported that it was unclear whether Bahri and ADQ had followed through with bids and did not mention UPS and DP World.
A Deutsche Bahn representative stated In recent weeks, bidders had the opportunity to refine their non-binding offers for DB Schenker based on comprehensive information.
SeaNews Turkey
According to a bloomberg report, a consortium led by CVC Capital Partners and Carlyle Group has submitted a bid valued at around US$15.12 billion.
Additionally, DSV, AP Moller Maersk, and Mediterranean Shipping Company (MSC) have also placed bids.
Bloomberg cited insiders who noted that the logistics companies were less aggressive on price than the private equity consortium.
Back in March, Air Cargo News reported that DB Schenker had garnered interest from approximately 20 parties.
Other companies rumoured to be interested include UPS, DP World, Saudi shipping company Bahri, and Abu Dhabi Ports owner ADQ.
However, Bloomberg reported that it was unclear whether Bahri and ADQ had followed through with bids and did not mention UPS and DP World.
A Deutsche Bahn representative stated In recent weeks, bidders had the opportunity to refine their non-binding offers for DB Schenker based on comprehensive information.
SeaNews Turkey
