Analysis: Deutsche Bahn may be planning some pruning of the corporate tree

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While it is difficult to calculate a fair value of Deutsche Bahn – its numerous moving parts and how its empire will look like at the end of next year and beyond – it is possible to try and determine why the German group is making a serious attempt to change its corporate tree.

When the state-owned passenger, logistics and rail freight company reported its first-half results, chief executive Rudiger Grube noted that Deutsche Bahn was able to end the “longest ...