Pros
If you are in industrials / manufacturing oriented domain, training in DBS and other processes is valuable. The brand is strong in such domains. If you are coming from other domains or would like to go to another domain, there are better places to go.
Cons
They may pay you a high salary to entice you to join, but you may not get raises or promotions. Unlike technology and other progressive companies, only executive-level people get equity in the company. There are no stock options or ESPPs. Their mantra to growth is cutting out waste. So they are always on lookout to cut people. However, in essence they are managing street's expectations. Unannounced layoffs to meet near term operating profit / other metrics are quite common across holding companies. Not much job security.