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A truck is seen outside the Logistics center of the transport company DSV in Hedehusene, Denmark,  September 12, 2024. Ritzau Scanpix/via REUTERS/File Photo
A truck is seen outside the Logistics center of the transport company DSV in Hedehusene, Denmark, September 12, 2024. Ritzau Scanpix/via REUTERS/File Photo
A view of the Logistics center of transport company DB Schenker in Hvidovre, Denmark, September 12, 2024. Ritzau Scanpix/via REUTERS/File Photo
A view of the Logistics center of transport company DB Schenker in Hvidovre, Denmark, September 12, 2024. Ritzau Scanpix/via REUTERS/File Photo
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DSV clears regulatory hurdles for $16.2 billion Schenker deal

April 15th, 2025 | 05:19 AM MARKETS Deals 1

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By Reuters

Denmark's DSV (DSV.CO) 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)

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  • M&A/DSV
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