Germany’s state-owned investment bank KfW sold 110 million shares in telecommunications firm Deutsche Telekom on Monday, the German Finance Ministry said, stating the sale will benefit the country’s rail network. “The federal government will use the net proceeds from the transaction to strengthen the equity capital of Deutsche Bahn AG and to expand the railway infrastructure in Germany in a forward-looking manner,” the ministry said, without mentioning the specific value of the sale. Germany’s rail network is considered dilapidated and overloaded, with disruptions, repairs and construction wor…