Home Business NewsBusiness Plans to float Arriva delayed

Plans to float Arriva delayed

by LLB Editor
21st Feb 20 11:54 am

German state-owned rail operator Deutsche Bahn has delayed plans to float Arriva, the international arm of its business, Reuters is reporting.

Deutsche Bahn had planned to launch an initial public offering of Arriva – which employs 50,000 people and runs British rail franchises as well as buses around the country – in the first half of 2020.

But a source has told Reuters that floating the business before the end of the year would be “challenging”.

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