"Deutsche Bahn Initiates Sale of DB Schenker, Sheds Light on Private Equity in 2024"
Deutsche Bahn has officially launched the sale process for DB Schenker, its logistics subsidiary, with potential buyers asked to register their interest by mid-January. The sale proceeds will be used to reduce Deutsche Bahn's debt and allow it to focus on its core business. The move sets the stage for potential M&A activity in 2024, with DSV and UPS among the rumored interested parties.