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10.10.2008 - Germany delays rail flotation in stock turmoil

Deutsche Bahn, Germany's national railways company, has postponed its planned partial privatization of its passenger and goods operations until after the stock market settles.

The Czech Republic news are represented by www.karlovy-vary-czech-republic.com

The state-owned group had been looking at offering just under 25 percent of its DB Mobility Logistics division on Germany delays rail flotation in stock turmoil ...
German police arrest two terror suspects ...
Deutsche Bank swoops on Postbank ...
Deutsche Bank to buy 30 percent of Postbank ...
China lifts Internet curbs at Games centre ...
October 27. The Finance Ministry and Deutsche Bahn said in a joint statement that the delay was because of the "extreme insecurity on financial markets and the need to obtain a fair price". Deutsche Bahn had hoped to raise up to 5 billion euros from the sale, which, according to Tagesspiegel newspaper, is now scheduled for February 2009.

(Deutsche Welle)


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