Siemens, Bahn Close to Agreement on High-Speed Trains, FAZ Says

Siemens AG (SIE) and Deutsche Bahn AG are close to agreement on the delivery of high-speed trains, Frankfurter Allgemeine Zeitung reported, without saying where it got the information.

The two companies may present an agreement tomorrow at the rail summit in Berlin and the first trains may be delivered in the spring time, the German newspaper said.

To contact the reporter on this story: Sheenagh Matthews in Frankfurt at smatthews6@bloomberg.net

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net

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