German government opposes DB privatisation plan for Schenker

schenker © Taina Sohlman |

© Taina Sohlman

By Alex Lennane

18/01/2016

JOC has reported that the German government is resisting Deutsche Bahn’s plans to privatise DB Schenker Logistics, with concerns that it is selling the “family silver” to cut short term debt. DB said last year that it would partially privatise Schenker and UK subsidiary Arriva to raise some €4.5bn. It is expected to announce its first loss in 12 years for 2015.

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Topics

DB Schenker Deutsche Bahn The privatisation pill AP Moller - Maersk APM Terminals ICTSI In the dock Port of Durban Transnet

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