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Rail News: Issue Issue 02 11 Aug 2009

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Acquisitions, National Express, All of UK

Deutsche Bahn rules out National Express bid

Deutsche Bahn, the owner of Chiltern Railways, has ruled itself out of bidding for National Express, the troubled bus and rail company that is at the centre of a takeover battle, writes Gill Plimmer.

The stateowned German operator would consider entering the competition to tender for rail franchises as they come up but would not seek to buy National Express assets, such as its bus business, said Adrian Shooter, chief executive of Chiltern Railways.

Deutsche Bahn is, however, bidding for the...

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