Pounds 1.6 Billion Takeover of Arriva Complete

Daily PostAugust 28, 2010

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Summary


GERMAN transport operator Deutsche Bahn said completed the acquisition of bus and train operator Arriva yesterday.

After the pounds 1.6 billion deal was approved by the European authorities earlier this month Arriva plc shares were de-listed from the London Stock Exchange last night. Sunderland-based Arriva plc became a wholly owned subsidiary of DB UK Holding Limited, itself a subsidiary of the German state-owned rail company.

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Pounds 1.6 Billion Takeover of Arriva Complete

A Deutsche Bahn spokesman said Arriva generat...

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