TITLE

DB board approves EWS and Transfesa takeover

PUB. DATE
August 2007
SOURCE
Railway Gazette International;Aug2007, Vol. 163 Issue 8, p463
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the Supervisory Board of Deutsche Bahn (DB) AG approved the purchase of all shares in British freight operator English Welsh & Scottish (EWS)Railway Holding Ltd. and the acquisition of a majority stake in Spanish logistics company Transfesa, subject to regulatory approval. The acquisitions will give DB Logistics access to western and southern Europe. Chairman Norbert Bensel said the deals will enable them to close important gaps in the DB Logistics rail freight network.
ACCESSION #
32729044

 

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