Arriva agrees takeover

By The Newsroom

Published 22nd Apr 2010, 11:02 BST

Updated 22nd Apr 2010, 12:05 BST

BUS and rail firm Arriva today agreed a £1.59 billion takeover by German operator Deutsche Bahn. The move combines the UK's second biggest bus firm with a business which carries five million train passengers a day in Germany.

Deutsche Bahn already runs services such as the Chiltern Railways in the UK.

Chiltern Railways Germany