Deutsche Bahn to Sell Arriva Group to I Squared Capital

         

Summary: Deutsche Bahn and I Squared Capital have reached an agreement for the sale of Arriva Group, the international transport business of the German rail operator.

Deutsche Bahn and I Squared Capital have announced the signing of an agreement for the sale of Arriva Group, the international transport business of Deutsche Bahn. The transaction is scheduled to be completed in 2024, pending approval from Deutsche Bahn’s supervisory board and the German transport ministry. The sale is part of Deutsche Bahn’s efforts to reduce debt and invest in its domestic infrastructure. Arriva Group operates red London buses and train services in the UK, serving 1.5 billion rail and bus passengers annually across 10 countries.

Tags: Deutsche Bahn, I Squared Capital, Arriva Group, international transport, rail operator

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