DB Schenker sale gets go-ahead
NewsThe Supervisory Board of Deutsche Bahn AG has mandated the Management Board to draw up and prepare the sale of up to 100% of DB Schenker AG
Toll flexes market muscle
After completing the takeovers of Patrick Corporation and SembCorp Logistics, Toll Holdings is now valued at A$11B and projects net profits will more than double to A$492M. It also expects to raise at least A$1.5B from divestment of businesses, mandated by the Australian Competition and Consumer Commission (ACCC) as part of its approval of the Patrick acquisition.
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