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Deutsche Bahn Leans Toward Keeping Schenker Unit

A Deutsche Bahn AG passenger train

A Deutsche Bahn AG passenger train

Photographer: Krisztian Bocsi/Bloomberg
Updated on

German state-owned rail operator Deutsche Bahn AG is leaning toward postponing a possible sale of its logistics unit Schenker that could be worth around 20 billion euros ($21 billion), according to people familiar with the matter.

The option to eventually divest Schenker in the long run remains in place but officials decided to keep the business for now and approved investment plans for the operations, said the people, who asked not to be identified as the matter is private.