06/17/2010 AT 15:02
The intention is for Arriva to be delisted from the London Stock Exchange at that time and continue as an independent, wholly owned subsidiary of DB UK Holding Limited.
"This means we have reached a major milestone on the road to the merger," said Dr. Rüdiger Grube, Chairman of the Management Board and CEO of Deutsche Bahn. "With the successful bus and rail services operated by Arriva in twelve European countries, Deutsche Bahn will enter a new dimension of passenger transport.”
After the takeover, the Arriva brand is to be retained outside Germany. DB is looking forward to close cooperation with the existing management of Arriva.
Plans to develop one of the most sustainable office buildings in the country were given the go-ahead as Network Rail's new national centre received the stamp of approval from Milton Keynes' planning authority.
For the second time now within a very short period, Deutsche Bahn has won a selection process for the award of a local rail transport concession in another European country.
Eurostar, the high-speed passenger service which links the UK and the continent, celebrated 15 years of service, over 100 million travellers and the equivalent mileage of 338 trips to the moon with a multi-media advertising campaign which was designed for maximum customer engagement.
Network Rail's new national centre – which will revitalise an underused corner of central Milton Keynes and bring up to 3,000 jobs to the city – moved a step closer today with the formal submission of a planning application to Milton Keynes Council.
T-Mobile and Virgin Trains today announced the launch of high speed wireless internet for passengers on all Pendolino Virgin Trains on the West Coast Main Line.
Following universal passenger praise for the improved information signage on its Pendolino trains, Virgin Trains is now trialing new signs on its Super Voyager train fleet.
Passengers travelling from Long Eaton station are the first to benefit from the pilot of a new improved CCTV monitoring system for the station. East Midlands Trains has chosen Long Eaton to trial a new system which will potentially roll out to a number of its other 87 stations next year.
South West Trains 2008 winter timetable comes into effect on 14 December and includes some minor alterations.
Virgin Trains has opened a new temporary car park, near to Runcorn station providing parking for over 100 vehicles.
A plan to meet the increasing demand for rail in the Yorkshire and Humber region was unveiled today as Network Rail launched its consultation on a far-reaching strategy to boost services for passengers and freight users throughout the region.