DSV, 1134 - DSV RECEIVES BOTH SELLER APPROVALS TO ACQUIRE SCHENKER
02 Oktober 2024 - 2:29PM
UK Regulatory
DSV, 1134 - DSV RECEIVES BOTH SELLER APPROVALS TO ACQUIRE SCHENKER
Company Announcement No.
1134
With reference to DSV’s company
announcement no. 1132 on 13 September 2024 DSV A/S (“DSV”) has
received confirmation that both conditions precedent for the seller
Deutsche Bahn (“DB”) have been satisfied. The transaction remains
conditional on obtaining customary regulatory
approvals.
DB has in accordance with the announced
transaction arrangements confirmed that both the Supervisory Board
of DB and the German Federal Ministry for Digital and Transport
(Bundesministerium für Digitales und Verkehr) have approved the
sale of Schenker AG (“Schenker”) to DSV.
The transaction remains conditional on obtaining
customary regulatory approvals, and completion of the transaction
is expected in Q2 2025.
Jens H. Lund, CEO of DSV, comments:
"We
are very pleased that Deutsche Bahn has confirmed that their two
conditions for approving the sale of Schenker to DSV have been
obtained. This means that we can continue our efforts to be ready
for closing this transformational transaction according to the
agreed plans. We thank Deutsche Bahn for professionally getting us
to this stage, and we are enthusiastic about working towards
creating a leading global player in the transport and logistic
industry.”
Contacts DSV:
Investor Relations
Stig Frederiksen, tel. +45 43 20 36 38,
stig.frederiksen@dsv.com
Alexander Plenborg, tel. +45 43 20 33 73,
alexander.plenborg@dsv.com
Media
Jonatan Rying Larsen, tel. +45 25 41 77 37, press@dsv.com
Yours sincerely,
DSV
- 1134 - Announcement (02.10.2024) - DSV RECEIVES BOTH SELLER
APPROVALS TO ACQUIRE SCHENKER
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