Comment / 'Downside' for Deutsche Bahn, if Schenker isn't sold

ID 329783388 © Thomas Reimer | Dreamstime.com

We all agree that the DB Schenker (DBS) sale is a political affair that would help its parent company Deutsche Bahn (DB) get its house in order, financially.

But, let’s wonder: what’s the downside if this long-awaited divestment doesn’t happen?

With group net debt that has risen by almost €10bn since pre-Covid at the end of 2019, to read almost €34bn at the end of last year…

… and a debt pile that is traditionally front-loaded…

… DBS is perceived as the solution to ...