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Deutsche Bahn will Buy Rail Operators EWS and Transfesa

30 May 2007 Wednesday, 18:35

Deutsche Bahn AG is considering spending up to €500m to acquire rail freight operators English, Welsh and Scottish Railway Holdings Ltd (EWS) and Spain’s Transfesa, Financial Times Deutschland reported on Wednesday.

EWS said it is in talks with Deutsche Bahn about developing a joint European rail freight network. The talks cover a full range of cooperation options, such as joint projects or the acquisition of EWS shares by Deutsche Bahn, EWS said in a statement.

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