DB Schenker is aiming to acquire the entire shares in Romanian forwarder S.C. Romtrans, and has submitted a takeover bid to the Romtrans shareholders today through its Austrian subsidiary Schenker and Company.
The deadline for acceptance of the bid is the end of October.
Subject to the approval of the authorities, the transaction should be completed by December of this year.
This acquisition is expected to consolidate the leading position of the Deutsche Bahn transportation and logistics division, which operates worldwide under the DB Schenker brand.
The deadline for acceptance of the bid is the end of October.
Subject to the approval of the authorities, the transaction should be completed by December of this year.
This acquisition is expected to consolidate the leading position of the Deutsche Bahn transportation and logistics division, which operates worldwide under the DB Schenker brand.
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