FRANKFURT, June 6 Rail infrastructure and
technology company Vossloh is reviewing options for
its locomotives business, including a possible sale, two sources
familiar with the matter told Reuters on Thursday.
UBS has been appointed to evaluate options for the
business, one of the sources said, adding that any bidder would
most likely be an Asian company.
Bids from companies with large European rail operations,
such as Siemens and Bombardier, would
probably face antitrust hurdles.
Family-controlled Vossloh, which is based in Werdohl,
Germany, declined to comment.
The company's transportation systems division had annual
sales of 451.1 million euros last year.
Bloomberg news on Thursday reported that China Railway
Materials is interested in the unit.