Deutsche bahn © Lucian Milasan
© Lucian Milasan

It will come as little surprise to hear that Deutsche Bahn has blamed rail freight for its €1.3bn net loss, the first in 12 years. But according to this interesting article in Handelsblatt, at least some relief is on the way, now it has been permitted by the German government to keep the proceeds from a partial privatisation of DB Schenker, its logistics unit. Schenker is expected to do an IPO in 2018 on the Frankfurt Stock Exchange. It is thought to be worth about €5bn today.

And here is what we said in December: Analysis: Deutsche Bahn may be planning some pruning of the corporate tree

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