Deutsche, Morgan Stanley are favourites for Bahn IPO

08 May 2008

DEUTSCHE Bank and Morgan Stanley are seen as frontrunners to advise state-owned Deutsche Bahn on its privatisation, according to German business daily Handelsblatt.

A consortium for the flotation, estimated to raise around Eu5bn, will be selected by the end of May.

Law firm Freshfields Bruckhaus Deringer is the legal advisor ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial