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Deutsche Bahn buys Arriva for £1.59bn

Deutsche Bahn buys Arriva for £1.59bn

22 April 2010 Rail & Coach News

Deutsche Bahn is to buy UK train and bus operator Arriva for £1.59bn in a deal that will create one of Europe’s largest transport groups. The move comes as part of the German group’s plans to expand beyond its domestic market, as well as a shift towards consolidation within European transport.

Deutsche Bahn eyes Arriva takeover

Deutsche Bahn eyes Arriva takeover

17 March 2010 Rail & Coach News

Shares in travel operator Arriva raced this morning, following a takeover approach from rival European firm Deutsche Bahn. Arriva saw its value rocket by as much as 14 per cent on the FTSE 250 this morning, following modest gains yesterday as the company confirmed it had received an “unsolicited approach from a third party”.