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DSV clears regulatory hurdles for $16.2 billion Schenker deal - Finance news and analysis from Global Banking & Finance Review
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DSV clears regulatory hurdles for $16.2 billion Schenker deal

Published by Global Banking & Finance Review

Posted on April 15, 2025

1 min read

· Last updated: April 15, 2025

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DSV Finalizes $16.2 Billion Schenker Acquisition Deal

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)

Key Takeaways

  • DSV has secured regulatory approvals for the Schenker acquisition.
  • The deal is valued at $16.2 billion.
  • Completion of the transaction is expected by April 30.
  • DSV will become the world's largest freight forwarder.
  • The acquisition involves the logistics arm of Deutsche Bahn.

Frequently Asked Questions

What is the main topic?
The main topic is DSV's acquisition of Schenker for $16.2 billion, making it the largest freight forwarder.
What approvals were needed?
DSV needed regulatory approvals to finalize the Schenker acquisition.
When is the transaction expected to complete?
The transaction is expected to complete by April 30.

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