Deutsche Bahn buys Britain's Laing Rail

Newswire

BERLIN, Jan 21 (Reuters) - German national rail operator Deutsche Bahn [DBN.UL] said on Monday it had bought Britain's Laing Rail, the owner of Chiltern Railways, for an undisclosed sum. German newspapers, citing sources involved in the negotiations, have reported Deutsche Bahn had been willing to pay up to 170 million euros ($249 million) for Laing Rail, a joint owner of overground rail services in London and other operations in Wales and the west of England. Deutsche Bahn board member ...

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