Deutsche Bahn CEO says calling off Arriva, Schenker flotation

FRANKFURT (Reuters) – Germany’s state-owned railway Deutsche Bahn [DBN.UL] has put plans for a partial privatisation of Arriva and Schenker on ice due to Britain’s decision to exit the European Union, its chief executive said, confirming media reports.
Deutsche Bahn’s management will tell the company’s supervisory board at a meeting on Dec. 14 “We cannot recommend a stock market flotation based on the current assessments,” German news agency DPA quoted