* Germany - The partial privatization of DB Schenker Logistics is accurate
--- The Deutsche Bahn Corporate Executive board on the sale of a minority share of its subsidiary specializing in transportation and logistics, DB Schenker. The final decision is expected in autumn 2016... Deutsche Bahn wants to sell part of the capital of its subsidiaries DB Arriva (passenger transport) and DB Schenker (transport and logistics) . This project revealed in July 2015 reached a new stage: the supervisory board has commissioned the Management Board to discuss the project, said the German group in a statement on May 4, 2016... The Deutsche Bahn Group also confirmed that the restructuring project also provides for the merger of DB Mobility Logistics AG and Deutsche Bahn AG, with retroactive application to January 1, 2016... DB Mobility Logistics, structure bringing together the transportation activities of Deutsche Bahn had been created for an entry into finally canceled in 2008 because of the financial crisis Exchange. The project is now abandoned, the structure has no place to be, says Deutsche Bahn group...
(Photo DR: Deutsche Bahn is planning a partial privatization of DB Schenker) -- Berlin, Germany - WK Transport et Logistique - 10 May 2016Labels: trucking industry news Germany
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