Fairness Opinion on the offer of Swiss Combi AG for a minority stake in SBB Cargo AG

Fairness Opinion on the offer of Swiss Combi AG for a minority stake in SBB Cargo AG

Given the plans to seek a strategic partner unveiled by the Swiss Federal Council, Swiss Federal Railways SBB was looking for a strategic partner for a minority stake in SBB Cargo AG. Swiss Combi AG, a joint venture formed of logistics service providers Planzer, Camion Transport, Galliker and Bertschi, has bought a 35% stake in SBB Cargo AG, the Swiss Federal Railways SBB remains with a stake of 65% majority holding.

 

With this strategic partnership, SBB Cargo AG pursues the goal to increase competitiveness in the market and to focus on further growth in freight transport.

 

IFBC prepared the Fairness Opinion to the Board of Directors of the Swiss Federal Railways SBB to assess the offer for the 35% minority stake in SBB Cargo AG by Swiss Combi AG from a financial perspective.

 

The Swiss Federal Railways SBB is the national railway company of Switzerland organized in tree divisions: Passenger Traffic, Infrastructure & Real Estate and Cargo (SBB Cargo AG).

 

SBB Cargo is the Swiss market leader in rail freight transport and a subsidiary of the Swiss Federal Railways SBB.

 

Here you can find the link to the media release of the Swiss Federal Railways SBB (in German).

 

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IFBC Team

info@ifbc.ch