A PYMNTS Company

Germany: Transport co turns to UBS for possible divestment

By  |  June 7, 2013

Germany-based rail infrastructure company Vossloh has reportedly hired UBS to explore options for the company’s locomotives business as two unnamed sources told reporters the company is looking to possible sell the branch. According to reports, if a sale were to occur, a winning bid would likely come from an Asia-based conglomerate; any European bids would likely face issues in regulatory antitrust reviews. Some news outlets are reporting that China Railway Materials could be a possible contender for the locomotives business.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: Reuters

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.