Deutsche Bahn chief wants share sale in Oct-paper

BERLIN Feb 3 (Reuters) - The head of Deutsche Bahn [DBN.UL] wants to push ahead with the part-privatisation of German rail operator in October, a German newspaper reported on Sunday.

Bahn Chief Executive Hartmut Mehdorn and management board member Diethelm Sack had presented a plan including the October timetable to the supervisory board, the Financial Times Deutschland reported, in a preview of its Monday edition.

The company was preparing means of providing potential investors with detailed information about the share sale, the paper said, without identifying the source of its information.

Asked about the report, a Bahn spokesman on Sunday declined to give any details of the activities of the supervisory board.

The part-privatisation of Deutsche Bahn would be one of the biggest listings in Germany this year, but the plans may falter due to squabbling over the conditions within Germany's ruling coalition of conservatives and Social Democrats (SPD).

Chancellor Angela Merkel's cabinet last year approved plans for a flotation of a 25 percent stake the government valued at 3 billion euros ($4.5 billion).

According to the latest proposals, Bahn's passenger transport and logistics units would be folded into a separate holding company with a stake sold on the stock market. The rail infrastructure would remain the property of the government. ($1=.6727 Euro) (Reporting by Iain Rogers, editing by Maureen Bavdek)