FirstGroup and I Squared weighing competing bids for parts of Arriva

FirstGroup and infrastructure fund I Squared are weighing competing bids for parts of Arriva

By Daily Mail City & Finance Reporter

Published: 21:55 BST, 21 April 2023 | Updated: 21:55 BST, 21 April 2023

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FirstGroup and infrastructure fund I Squared are weighing competing bids for parts of Arriva.

The transport company is understood to be interested in the bus and trains business’s activities outside the UK. 

In the driving seat: Arriva’s owner said talks about a sale with potential bidders are still at an early stage

Infrastructure fund I Squared is now also considering a bid. 

Arriva’s owner, German state-owned railway operator Deutsche Bahn, said talks about a sale with potential bidders are still at an early stage.

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