Arriva stock market floatation abandoned

15/11/2016 Jade Smith Bus News, Financial, News, NP News
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Deutsche Bahn has put its plans to float Arriva and Schenker on the stock exchange on hold in the wake of Brexit.
In May this year, the DB Supervisory Board asked the Management Board for a concept for a third-party equity in the subsidiaries. Now the board will present its position on December 14, and is expected to not recommend an Initial Public Offering (IPO).