Deutsche Bahn picks four finalists for DB Schenker sale

03 Jun 2024 CW Team

Deutsche Bahn (DB) had chosen the four finalists for the sale of DB Schenker. The remaining contenders were Danish shipping giants Maersk and DSV, the Saudi national shipping carrier Bahri, and a partnership between investment funds CVC Capital Partners, Carlyle Group, and the Abu Dhabi Investment Authority. This development indicated that MSC was no longer in the race.

DB aimed to gather the final bids by July, as reported by Reuters. In the previous week, DB had received confirmatory bids from various parties interested in acquiring DB Schenker. The last four bidders would have the opportunity to submit more detailed offers in the coming weeks. A final agreement was expected to be signed within the year, with the sale being finalised in 2025.

DB had decided to sell its logistics arm DB Schenker to cover its outstanding debt, which Reuters had estimated at 34 billion euros. The price for DB Schenker was anticipated to be around 15 billion euros, potentially covering almost half of DB?s financial shortfall. The sale of DB Schenker had been made official by DB in December 2023. By January 2024, over 20 parties had shown interest in purchasing the German logistics giant. Now, only four contenders remained, but only one would ultimately secure the acquisition.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..