DFDS finds funding for joint purchase of Scandlines

DFDS Ferries has confirmed reports that the ferry operator has been approached by international capital funds for a possible joint buyout of Scandlines.

"We are in contact with equity funds concerning a joint approach," managing director Ole Frie said. "Yes, this combination is possible," he added.

Scandlines is jointly owned by the Danish Transport Ministry and Germany's Deutsche Bahn, which itself belongs to the German government. After months of quarrelling, the German and Danish transport ministries in October agreed on a speedy sale to a third party.

DFDS Ferries was interested in the freight activities of Scandlines in the Baltic Sea, Mr Frie said. "But we have not made up our minds whether we are interested in all of Scandlines." This was subject to the price for the whole company and possible restrictions such as guarantees for employees or locations either by the Danish or German side.

One had to wait until a prospectus for Scandlines is published, Mr Frie said, adding that this would apply to any investor.

IJmuiden - Newcastle

1 x Foot Passenger(s) Return

Travelling on: 06/10/2012 - 09/10/2012

£141

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Dover - Calais

Car + 2 Return

Travelling on: 11/06/2012 - 11/06/2012

£19

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Dover - Calais

Car + 4 Return

Travelling on: 16/06/2012 - 16/06/2012

£19

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