erman national rail company Deutsche Bahn is close to sealing a £1.6bn takeover of UK transport group Arriva, according to reports.
Deutsche Bahn confirmed last month that it had tabled a bid for Sunderland-based Arriva.
Now it has been reported that its board is meeting this week to approve the bid with an announcement expected in the next couple of weeks.
Arriva declined to comment. Nobody from Deutsche Bahn could be reached.
http://news.bbc.co.uk/1/hi/business/8629466.stm
FFS
When will they stop selling vital service oriented companies to foreign companies ? Expect bus tickets to cost double just as it has happened with the power companies.
Deutsche Bahn confirmed last month that it had tabled a bid for Sunderland-based Arriva.
Now it has been reported that its board is meeting this week to approve the bid with an announcement expected in the next couple of weeks.
Arriva declined to comment. Nobody from Deutsche Bahn could be reached.
http://news.bbc.co.uk/1/hi/business/8629466.stm
FFS
When will they stop selling vital service oriented companies to foreign companies ? Expect bus tickets to cost double just as it has happened with the power companies.
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