EC okays Deutsche Bahn’s acquisition of BAX Global
The European Commission has cleared German state-owned rail operator Deutsche Bahn’s proposed $1.12 billion takeover of BAX Global, the logistics unit of U.S. security firm The Brink’s Co.
The commission ruled the deal would not 'impede effective competition.'
Deutsche Bahn is also the parent company of international forwarding giant Schenker.
EC okays Deutsche Bahn’s acquisition of BAX Global
