Did not discuss selling Arriva with Deutsche Bahn head - German minister

Did not discuss selling Arriva with Deutsche Bahn head - German minister
German Transport Minister Andreas Scheuer attends a weekly cabinet meeting in Berlin, Germany, January 9, 2019. REUTERS/Fabrizio Bensch Copyright FABRIZIO BENSCH(Reuters)
Copyright FABRIZIO BENSCH(Reuters)
By Reuters
Share this articleComments
Share this articleClose Button

BERLIN (Reuters) - German Transport Minister Andreas Scheuer said on Tuesday that he had not specifically discussed selling Deutsche Bahn's Arriva international passenger transport business with the state-owned railway's boss.

Scheuer said this would be discussed separately and he had not yet decided whether to sell Arriva.

A source close to the plans had told Reuters on Sunday that Deutsche Bahn wanted to sell its Arriva international subsidiary to plug a 4 billion euro (£3.56 billion) financing gap, though Britain's looming exit from the European Union is making it hard to value the business.

(Reporting by Markus Wacket; Writing by Michelle Martin; Editing by Madeline Chambers)

Share this articleComments

You might also like