Page 12 - Squared Capital News Today

Deutsche Bahn and Miami-based infrastructure investor I Squared Capital have signed an agreement for the sale of the German rail operator's international transport business Arriva Group, the companies said on Thursday. The transaction is expected to complete in 2024, subject to the customary closing conditions, including the approval of the Deutsche Bahn's supervisory board and the German transport ministry, they said in a statement. Citigroup advised Deutsche Bahn, and I Squared was...

BERLIN (Reuters) -Deutsche Bahn has agreed a deal to sell its international transport business Arriva Group to Miami-based infrastructure investor I

Deutsche Bahn is selling its foreign subsidiary Arriva. All remaining parts of the company will be sold in full to U.S. infrastructure investor I Squared Capital. The transaction is expected to close in the course of 2024. According to media reports, the investor, which specializes in infrastructure projects, is paying around 1.6 billion euros for Arriva, Deutsche Bahn did not initially comment on the amount. It had taken over Arriva in 2010, including debt, for around 2.7 billion euros.

Train strikes could last another six months as union members back further action.

Arriva Nederland sold to US venture capital group

Deutsche Bahn plans to announce on Thursday the sale of its international transport business Arriva to Miami-based infrastructure investor I Squared Capital, sources told Reuters.... -October 18, 2023 at 03:34 pm EDT - MarketScreener

FRANKFURT (Reuters) - Deutsche Bahn plans to announce on Thursday the sale of its international transport business Arriva to Miami-based infrastructur...

FRANKFURT (Reuters) - Deutsche Bahn plans to announce on Thursday the sale of its international transport business Arriva to Miami-based infrastructur...

Parked buses are seen at an Arriva bus bepot in Harlow, Britain, April 3, 2020. REUTERS/Andrew Couldridge/File Photo Acquire Licensing Rights…

Miami-based infrastructure investor I Squared Capital aims to sign a deal to acquire Deutsche Bahns international transport business Arriva as soon as Monday, three sources familiar with the...