Railway Board will take part sale on the way – FAZ – Frankfurter Allgemeine Zeitung

BERLIN (AFX) – The German railway wants lt an IPO of its subsidiary companies Arriva & Wednesday; ARI.ISE & gt; and bring Schenker on the way. The supervisory board of the state-owned group comes together in Berlin for a special session (15.00). He will approve the project of the Executive Board, to develop a concept for the partial sale until the fall.

According to information from the environment of the Supervisory Board is scheduled to play the two daughters of each up to 45 percent on the stock market place. The first of three blocks of shares should therefore be brought to the market in the second quarter 2017th

Arriva is the passenger’s daughter for European countries, Schenker International Logistic train. The Group expects with revenues of around EUR 4.5 billion from two IPOs. This debt should mined and investment in the rail network and vehicles financed werden./brd/DP/zb

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