DSV clears regulatory hurdles for $16.2 billion Schenker deal
Published by Global Banking & Finance Review®
Posted on April 15, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on April 15, 2025
1 min readLast updated: January 24, 2026
DSV has cleared regulatory hurdles for its $16.2 billion acquisition of Schenker, making it the largest freight forwarder globally.
COPENHAGEN (Reuters) - Denmark's DSV said on Tuesday it had fulfilled all closing conditions, including getting the necessary regulatory approvals, for its 14.3 billion euro ($16.2 billion) acquisition of German rival Schenker.
DSV expects to complete the transaction on April 30, it said in a statement.
The Danish company announced the deal to buy the logistics arm of German state rail operator Deutsche Bahn in September last year. It will create the world's biggest freight forwarder.
($1 = 0.8806 euros)
(Reporting by Stine Jacobsen; Editing by Jamie Freed)
The main topic is DSV's acquisition of Schenker for $16.2 billion, making it the largest freight forwarder.
DSV needed regulatory approvals to finalize the Schenker acquisition.
The transaction is expected to complete by April 30.
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