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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.
(Permalink) Arriva Group Deutsche Bahn |
I started my little rail adventure on a sunny Friday at 7:30am. I sipped a coffee, as I waited for the first of five trains taking me on an eight hour and 500km trip across Germany from near Frankfurt am Main to Berlin. The platform across from me was full of people waiting.
(Permalink) Deutsche Bahn Pricing ScotRail Ticketing |
Deutsche Bahn (DB), in partnership with Siemens Mobility, has developed the worlds first fully automated driverless train in Germany.
(Permalink) Deutsche Bahn Siemens Mobility |