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.

Strategy & planning, Government expenditures, Management dynamics, Management, Planning, Germany, Economic policy, Political aspects, Deutsche Bahn AG, Privatization, Privatization (Business), Investor relations, Company business management, Company business planning, Social Democratic Party of Germany

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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.

United Kingdom, Executive changes & profiles, Officials and employees, Safety and security measures, Corbett, Gerald, United Kingdom. Strategic Rail Authority, RailTrack PLC

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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.

Japan, Legal issues & crime, Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Reporting & Disclosure, Financial Regulation & Reporting, Company legal issue, Finance, Investigations, Company financing, Financial disclosure, Tsutsumi, Yoshiaki, Seibu Railway Company Ltd.

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