German rail leader Deutsche Bahn (DB) has officially announced the launch of the sale process for its subsidiary, DB Schenker. The decision comes with the condition that any potential sale must bring "apparent economic advantages for Deutsche Bahn in all respects." DB Schenker, a strong player in a market with promising long-term growth prospects, requires additional capital and flexibility to support its own development.

DB has outlined an "open and non-discriminatory" process for the sale of DB Schenker shares. Interested buyers are requested to register their interest with DB's advisory banks, Goldman Sachs and Morgan Stanley, by midday on January 15th.

The proceeds from the sale are expected to primarily reduce DB's debt, allowing the company to concentrate on its core business and implement its Strong Rail sustainability strategy. The decision to explore the sale potential of DB Schenker was initiated a year ago by the supervisory board, which requested the management board to examine the possibility and make preparations. A separate resolution will be taken into account, likely influenced by "general capital market developments," before a final decision is made.

Deutsche Bahn has already made progress in divesting its business units in foreign markets, and relinquishing control of DB Schenker would mark another significant step in this direction. The sale process reflects DB's commitment to strategic streamlining and debt reduction, while enabling DB Schenker to access the necessary resources for growth and competitiveness in the market.

Overall, this decision by Deutsche Bahn showcases the company's proactive approach in adapting to market changes and actively pursuing measures to strengthen its core operations, while seizing opportunities for growth and financial optimization.