CVC Presses Case for Schenker Bid With Deutsche Bahn Officials [Yahoo! Finance]
DSV A/S UNSP/ADR (DSDVY)
NASDAQ:AMEX Investor Relations:
investor.dsv.com
Company Research
Source: Yahoo! Finance
Most Read from Bloomberg How Americans Voted Their Way Into a Housing Crisis World's Second Tallest Tower Spurs Debate About Who Needs It The Plan for the World's Most Ambitious Skyscraper Renovation UC Berkeley Gives Transfer Students a Purpose-Built Home on Campus Rome May Start Charging Entry to the Trevi Fountain The buyout firm sent letters Monday to Deutsche Bahn's management and supervisory boards, according to copies seen by Bloomberg. CVC is appealing directly to the officials with the key points of its latest proposals after the German company signaled a preference for a competing offer from rival bidder DSV A/S. In addition to CVC's bid for a full takeover of DB Schenker, it has also proposed an alternative offer where Deutsche Bahn would reinvest €1 billion to keep a stake of up to 24.9%. CVC has now guaranteed that Deutsche Bahn would generate €2 billion to €2.5 billion of proceeds from the reinvestment on the remaining stake when CVC exits the investment,
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