DB sells Arriva Group to US asset management company [Railway Technology]
Date: 19/10/2023
Deutsche Bahn (DB), Germanys national rail provider, has agreed to sell its international subsidiary Arriva Group to US-based infrastructure asset management company I Squared Capital. Arriva operates bus and train services in ten markets across Europe, with the UK as its primary business location. The business was British until it was acquired by DB in 2010. Although financial information was not revealed by DB, market experts said the sale is likely to value Arriva Group at $1.68bn.
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Tags: x Deutsche Bahn x Arriva Group
