;

Editorial & Advertiser disclosure

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Home > Finance > DSV clears regulatory hurdles for $16.2 billion Schenker deal

Finance

DSV clears regulatory hurdles for $16.2 billion Schenker deal

Published by Global Banking and Finance Review

Posted on April 15, 2025

Featured image for article about Finance

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)

More from Finance

Explore more articles in the Finance category

Global insured catastrophe losses set to hit $107 billion in 2025, report shows

'Shadow banking' growing at double the rate of traditional lenders, FSB says

UK jobs market slows further as Bank of England considers rate cut

UK firms see some relief after Reeves' budget, PMIs show

China lowers EU pork tariffs in final ruling after 18-month probe

European defence stocks slide amid progress in Ukraine peace talks

European stocks fall as traders wait for US jobs data, dollar steady

Morning Bid: Markets in Grinch-y mood before data deluge

Holcim makes biggest Latin American acquisition with deal for Peru's Cementos Pacasmayo

UK's IG Group anticipates 2026 revenue growth near mid-point of guided range

App developers urge EU action on Apple fee practices

Kering sells majority stake in New York property in $900 million deal

View All Finance Posts