German plan to privatize rail faces more obstacles
Article Abstract:
Germany's Social Democratic Party has complicated the government's plans to privatize the nation's railroad firm Deutsche Bahn AG by agreeing to sell only nonvoting preferred shares, totaling 25.1% of the firm. The move prevents institutional investors from obtaining more influence. However, the Party's coalition partner, the conservatives under Chancellor Angela Merkel, want to sell voting shares.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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U.K. Railway chief is sent to meet railtrack managers
Article Abstract:
The resignation of Gerald Corbett, CEO of Railtrack PLC, has caused concern that the Strategic Rail Authority could demand a reorganization of Railtrack's management.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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Seibu Railway's delisting shows harder regulatory line in Japan
Article Abstract:
Japan's Seibu Railway Co. has been delisted from the Tokyo Stock Exchange for violating finanical disclosure rules for 40 years.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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