2008-10: DB flotation put on hold
GERMANY: The partial flotation of DB Mobility Logistics AG scheduled for October 27 has been postponed as a result of the turmoil in the global financial markets, which would have impacted on the potential value of the shares. Finance Minister Peer Steinbrück and DB Chairman Hartmut Mehdorn announced the decision in Berlin on October 9, but said that no new date would be set until the market environment improved sufficiently to ensure a successful flotation.
Labels: rail
