DB Cargo eyes rail freight arm sale amid concern over state subsidy
German outlets are reporting that Deutsche Bahn may be considering selling its freight arm, DB ...
BLOOMBERG reports: “Deutsche Bahn AG, Germany’s state-owned rail operator, has attracted interest from more than 10 buyout firms and competitors for all or parts of its European transport unit Arriva, people familiar with the matter said. Apollo Global Management LLC, Carlyle Group LP and Lone Star Funds are among suitors that made initial offers for the whole business ahead of Thursday’s deadline, according to the people. It could fetch about 3.5 billion euros ($3.9 billion) to 4 billion euros, the people said, asking not to be identified because the discussions are private.”
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