Arriva Confirms Deutsche Bahn Talks

The JournalApril 20, 2010

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Summary


SUNDERLAND transport operator Arriva has confirmed that Deutsche Bahn is on the verge of making a pounds 1.6bn offer for the company.

In a statement to the stock market yesterday, Arriva confirmed it was in "advanced discussions" with the German firm that runs the Tyne and Wear Metro system.

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Extract


Arriva Confirms Deutsche Bahn Talks

It added Deutsche Bahn had indicated it would be willing to offer 775p for each Arriv...

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