Weekly Digest: GIC eyes European logistics giant; Mubadala buys China medical firm
GIC, ADIA consortium bid for German logistics business; Abu Dhabi SWF buys Chinese specialist medical business; Temasek executives meet Xinjiang officials to discuss energy; Swedish pension fund trims Australian farmland holdings; and more.
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A consortium comprising CVC Capital Partners, Abu Dhabi Investment Authority (ADIA), and Singapore's GIC has bid for Deutsche Bahn's logistics division, Schenker.
The offer values the business at around €14 billion ($15.65 billion), with potential to increase to €16 billion ($17.9 billion) if the German government opts for a minority stake.
Danish transport firm DSV has also reportedly submitted an offer for Schenker.
Meanwhile, A.P. Moeller-Maersk with…
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