Deutsche Bahn to Sell Two Subsidiaries | Business| Economy and finance news from a German perspective | DW | 11.12.2003
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Deutsche Bahn to Sell Two Subsidiaries

Deutsche Bahn, Germany’s national railway, said on Thursday it would sell two subsidiaries to U.S. holding company Bain Capital for €1.4 billion ($1.7 billion). Deutsche Bahn took over the two units, Brenntag and Interfer Stahl, last year after buying the logistics company Stinnes. Brenntag is a chemical logistics firm and Interfer deals with the steel industry. Bain Capital is expected to close the deal in March 2004.