Up to 10 companies bid for Deutsche Bahn’s Schenker, Handelsblatt reports

By Thomson Reuters Mar 27, 2024 | 1:01 AM

BERLIN (Reuters) – Between seven and 10 companies have made non-binding offers for Schenker, the logistics subsidiary of German national rail company Deutsche Bahn, the Handelsblatt business daily reported on Wednesday, citing sources familiar with the matter.

Among those companies are Danish group DSV and shipping company Maersk, as well as financial investors, according to the report.

The group of bidders is not expected to be narrowed down until a meeting of the railway’s supervisory board in September, it said.

(Writing by Rachel More; Editing by Christopher Cushing)