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25 September 2022 The on-line newspaper devoted to the world of transports 14:18 GMT+2

September 9, 2022

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Original news
DB Schenker could be put up for sale

The value of the German logistics company would be between €12 and €20 billion

The German Government agreed in principle with the national railway group Deutsche Bahn the possible sale of its logistics subsidiary DB Schenker which employs over 76 thousand people. This was reported by the news agency "Reuters" citing government and company sources, according to whom the DB Schenker supervisory board will approve the sale in the shortest possible time, presumably by the end of this year.

The supply would take place either in the form of a direct sale or through an initial public offering. The "Reuters" specified that banking sources evaluate DB Schenker, which generates a third of Deutsche Bahn's turnover, between 12 and 20 billion of euros.

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