Deutsche Bahn says privatisation draft law not unconstitutional
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FRANKFURT (Thomson Financial) - Deutsche Bahn AG, said concerned that a bill, which should lead to its privatisation in May against the constitutional law are “without foundation”, citing two independent assessments. The bill “absolutely consistent with the provisions of the guidelines,” said the company in a statement quoted by the opinion of the law Rupert Scholz professor of corporate law and Professor Peter Hommelhoffa. Germany Basic Law only requires that public enterprises, the door must remain largely controlled by the government, but this does not mean that the government must itself more than half the share of the company, with Deutsche Bahn Scholz quoted words. Hommelhoffa added that the government does not guarantee the control of the operational activity of the company, according to the report by Deutsche Bahn. Deutsche Bahn is partly the object floating in an Initial Public Offering in 2009. |