Deutsche Bahn’s €14 Billion Unit Sale Faces Decisive Vote
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Deutsche Bahn AG’s planned €14.3 billion ($15.8 billion) sale of its logistics arm is facing a decisive vote Wednesday.
The state-owned company’s supervisory board is meeting to vote on the planned sale of DB Schenker to Danish transport group DSV A/S, people with knowledge of the matter said. Losing bidder CVC Capital Partners Plc is still hoping the board rejects the agreement, according to the people, who asked not to be identified because the information is private.