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News Update: Deutsche Bahn In Advanced Talks To Buy Arriva

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Uploaded on Apr 19, 2010

Deutsche Bahn is in advanced talks to buy Arriva PLC for about 1.6 billion pounds, according to a Bloomberg report, which cited the UK transport operator.

Deutsche Bahn plans to offer 775 pence per share in cash for the company, according to a statement that Arriva made today. Stockholders would also receive a 2009 dividend of 18.8 pence per share.

The total price of the offer will exceed 2 billion euros, including goodwill and liabilities.

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