Deutsche Bahn close to signing $1.68 billion deal to sell Arriva
Business / Sat 14th Oct 2023 at 06:29am
US-based infrastructure investor I Squared Capital aims to sign a deal to acquire Deutsche Bahn’s international transport business Arriva as soon as Monday, three sources familiar with the matter told Reuters.
The deal would value Arriva, which operates red London buses and train services in the UK, at around 1.6 billion euros ($1.68 billion) including debt, the sources said.
Click below for the full story.
It all went down hill for Arriva when they cancelled the No 9 What goes around comes around..😝
Here we go again, another investment company, making money out of which should be a publicly owned service.
They cancelling buses in Maidstone it wasn't long before they and sell up let a real bus company do the job.