Deutsche Bahn bidding for Estonian national rail company
AFX News Limited: 03.05.2006
FRANKFURT - Deutsche Bahn AG is one of three companies bidding for the Eesti Raudtee Estonian national rail company, WirtschaftsWoche reported in an advance copy of an article to appear in this week's edition.
A spokesman for the German state rail company declined to comment on the report.
'As a general rule we do not comment on speculation,' the spokesman said.
A group of Russian investors and a group of Estonian investors are also bidding for the company, the magazine wrote.
The Estonian government holds one third of Eesti Raudtee, while Pittsburg, USA-based RDC own the rest.
WirtschaftsWoche wrote that RDC wants between 150-170 million euros for its stake.