Private Equity Gets Rare Support From Union on Schenker Sale [Yahoo! Finance]
DSV A/S UNSP/ADR (DSDVY)
NASDAQ:AMEX Investor Relations:
investor.dsv.com
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Source: Yahoo! Finance
Most Read from Bloomberg Dense Cities With Low Emissions Suffer Most From Air Pollution, Study Finds Turkey Plans Istanbul Taxi Surge to Tackle Complaints Intergenerational Housing Could Help Older Adults Combat Loneliness As Rural Hospitals Shutter Maternity Wards, Urban Ones Follow A Guide to Urban Swimming in Europe, Beyond the Seine After meeting with the two final suitors, Verdi estimated that 5,300 more jobs would be at risk if Deutsche Bahn were to sell the unit to Danish logistics company DSV A/S instead of a consortium around CVC Capital, according to documents seen by Bloomberg News and people familiar with the matter. “If CVC were to take over, Schenker would continue to operate as one company. If DSV were to take over, DSV said the employees would be split between three companies,” Verdi said in the letter sent Thursday to Deutsche Bahn's supervisory board members. The union added that the supervisory board is strongly advised to work to preserve jobs. The
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