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Maersk cancels plans to acquire DB Schenker

It has been reported that Maersk has stepped back from the acquisition due to possible future integration challenges.
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Vincent Clerc, CEO, Maersk has been recently reported, “Our investigation confirmed DB Schenker as an interesting company … But the in-depth review also identified areas of challenges from an integration perspective.” Maersk’s withdrawal may clear the decks for its compatriot transport company DSV, which had also reached the final round of the sale process.

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