Arriva in the sights of German rail operator
DEUTSCHE Bahn yesterday confirmed takeover talks with bus and trains firm Arriva in an attempt to create a new European giant.
The German transport operator, which operates such UK services as the Chiltern Railways route between London and Birmingham, said talks over a possible cash offer were "ongoing".
As well as Chiltern, Deutsche is involved in the running of the Wrexham, Shropshire and Marylebone Railway and the London Overground service.
Sunderland-based Arriva ended talks over a possible tie-up with France's national rail operator two weeks ago.
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Monday 20 February 2012
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