Deutsche Bahn prepares sale of DB Schenker

The supervisory board of state-owned rail operator Deutsche Bahn has agreed to spin off its subsidiary DB Schenker. 
Photo: Horst Galuschka/AP/Ritzau Scanpix
Photo: Horst Galuschka/AP/Ritzau Scanpix

State-owned German transportation company Deutsche Bahn has decided to sell logistics operator DB Schenker, charging its management board with the responsibility of completing the sale, Deutsche Bahn reports in a statement on Thursday following an executive meeting.

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