EXCLUSIVE Deutsche Bahn's Schenker logistics business up for sale
BERLIN/FRANKFURT, Sept 8 (Reuters) - The German government has agreed in principle with Deutsche Bahn (DBN.UL) to sell the rail operator's Schenker logistics business, government and company sources told Reuters on Thursday.
The supervisory board of state-owned Deutsche Bahn will approve the sale as soon as possible, potentially this year, the sources said.
Banking sources value Schenker between 12 and 20 billion euros ($19.97 billion), though valuation calculations will be influenced by the state of the global economy and impact from the war in Ukraine and the ongoing energy crisis.
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https://www.reuters.com/business/autos-transportation/exclusive-german-govt-deutsche-bahn-agreed-sell-schenker-logistics-unit-sources-2022-09-08/
