Photo credits @ DB Schenker

Maersk and DSV in final 4 as Deutsche Bahn shortlists Schenker bidders

German rail giant Deutsche Bahn has shortlisted four finalists in the sale of its logistics subsidiary Schenker, according to sources familiar with the matter who spoke to Reuters.

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The chosen companies are Maersk, DSV, Bahri, and a consortium consisting of CVC Capital Partners, ADIA, and GIC.

This news follows last week’s report by Reuters that Deutsche Bahn had narrowed down the field to four unnamed bidders. The shortlisted companies will now have the chance to submit binding offers for Schenker after a period of further examination.

Previous bids reportedly ranged from €14 billion to over €15 billion. The sale proceeds are intended to help Deutsche Bahn reduce its significant debt burden, currently around €34 billion.

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