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Initial Deutsche Bahn Listing Likely in November

May 2008.


The initial public offering (IPO) of German national rail operator Deutsche Bahn [DBN.UL] will probably begin on Nov. 5, a source close to the company's supervisory board said on Monday.

The government aims to sell 24.9 percent of Bahn's transport, logistics and services businesses to private investors. Investment banks have forecast the sale will raise between 5 billion to 8 bilion euros, Reuters reports.



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