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Top related persons:
Andrew Couldridge - 2 Emma - 2 Victoria Farr - 2 Andres Gonzalez - 2 Markus Wacket - 2 Susan Fenton - 2
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Harlow , Britain FRANKFURT LONDON Miami
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Arriva - 2 REUTERS - 2 Squared Capital - 2 Deutsche - 2 Financial Times - 2 Deutsche Bahn - 2 DB Arriva - 2 London's - 2

Search resuls for: "DB Arriva"


2 mentions found


☆ Deutsche Bahn close to signing $1.68 bn deal to sell Arriva to I Squared -sources
  + stars: | 2023-10-13 | by ( Emma-Victoria Farr Andres Gonzalez Markus Wacket | Emma-Victoria Farr | Andres Gonzalez | ) www.reuters.com   time to read: +2 min
The deal would value Arriva, which operates red London buses and train services in the UK, at around 1.6 billion euros ($1.68 billion) including debt, the sources said. However, while the deal is nearing final stages, the sources cautioned that the timing could still shift. Deutsche Bahn said in an emailed statement: "We want to sell DB Arriva by the end of 2024. Reuters reported in April that British transport company FirstGroup (FGP.L) and I Squared had been weighing competing bids for parts of Arriva. Its annual sales rose to 4.2 billion euros in 2022, making up 7.5% of Deutsche Bahn's total revenue.
Persons: Andrew Couldridge, Emma, Victoria Farr, Andres Gonzalez, Markus Wacket, Susan Fenton Organizations: Arriva, REUTERS, Squared Capital, Deutsche, Reuters, Financial Times, Deutsche Bahn, DB Arriva, London's, Cross Country, Deutsche Bahn's, Thomson Locations: Harlow , Britain, FRANKFURT, LONDON, Miami
☆ Deutsche Bahn close to signing $1.68 billion deal to sell Arriva to I Squared, sources say
  + stars: | 2023-10-13 | by ( Emma-Victoria Farr Andres Gonzalez Markus Wacket | Emma-Victoria Farr | Andres Gonzalez | ) www.reuters.com   time to read: +2 min
The deal would value Arriva, which operates red London buses and train services in the UK, at around 1.6 billion euros ($1.68 billion) including debt, the sources said. However, while the deal is nearing final stages, the sources cautioned that the timing could still shift. Deutsche Bahn said in an emailed statement: "We want to sell DB Arriva by the end of 2024. Reuters reported in April that British transport company FirstGroup (FGP.L) and I Squared had been weighing competing bids for parts of Arriva. Its annual sales rose to 4.2 billion euros in 2022, making up 7.5% of Deutsche Bahn's total revenue.
Persons: Andrew Couldridge, Emma, Victoria Farr, Andres Gonzalez, Markus Wacket, Susan Fenton Organizations: Arriva, REUTERS, Squared Capital, Deutsche, Reuters, Financial Times, Deutsche Bahn, DB Arriva, London's, Cross Country, Deutsche Bahn's, Thomson Locations: Harlow , Britain, FRANKFURT, LONDON, Miami
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