Deutsche Bahn has bought Laing Rail, which owns a 50% share in London Overground, which will include the East London Line once it reopens.
Here [1] is the take on it from the blog Karl-Marx-Strasse.
Links:
[1] http://karlmarxstrasse.blogsport.de/2008/01/21/london-overground-bought-by-deutsche-bahn/