UK bus and rail operator Arriva bought by giant US firm

UK bus and rail operator Arriva bought by giant US firm

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The London red bus operator Arriva has been snapped up by US infrastructure investor I Squared in a deal believed to be worth about €1.6bn (£1.4bn). The deal comes more than three years after its German owner, Deutsche Bahn, put the company up for sale 2019, having originally sought to offload…

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