Deutsche Bahn’s partial sale of Arriva?
Deutsche Bahn (DB) has announced it is open to the idea of making a partial sale of Arriva. Commenting on this, DB Chief Executive, Dr Grube, said, ‘We are keeping open the option of a partial privatisation of DB Arriva und DB Schenker Logistics in order to utilise growth potential on the international markets as effectively as possible. Nothing has been decided here yet. And I would like to make it perfectly clear that we are not considering selling off these companies. On the contrary, we will retain business management control of both DB Arriva and DB Schenker Logistics.’
The possibility of partially privatising Arriva was announced during a press conference following the release of DB’s first half annual results. The company announced that Arriva, as well as its DB Schenker Logistics business, could be partially privatised as part of an extensive restructuring program to make the Group fit for the future. DB acquired Arriva in 2010.