Deutsche Bahn sells Arriva ops

German state railway Deutsche Bahn (DB) is off-loading the German transport operations of UK bus and train group Arriva to a consortium led by Italian national railway Trenitalia for about £143.3m, it emerged yesterday. DB is selling the business to the consortium, which is also understood to include Luxembourg infrastructure fund Cube, under EU?competition rules imposed when it bought Arriva this year. DB declined to comment on the disposal before today’s meeting of its supervisory board, which must approve the deal.