Berlin agrees to rail sell-off
(dpa) - German Chancellor
Angela Merkel's ruling coalition agreed late Monday to a plan to sell off
shares in the state-owned railway company, Deutsche Bahn AG, which is expected
to raise about six billion euros (9.5 billion dollars).
Social Democrat leader Kurt Beck confirmed the agreement, which calls for 24.9 per cent of passenger and freight transport to be privatised.
The rail network and stations are to remain 100 per cent in state hands.