Maersk has pulled out of its bid to buy DB Schenker, leaving just three in the race.
Maersk was believed to have offered some €15bn, but the company said today that, following an internal review, it thought integration would be too challenging.
Vincent Clerc, CEO, said: “Over the past months, Maersk has conducted a review of the DB Schenker business and, during the past few weeks, there has been an opportunity to …
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