Arriva faces being broken up.

Vehicle and Fleet discussions for Arriva Midlands or its predecessors, Arriva Fox County Limited, Midland Fox Limited, or Midland Red East Limited.
Post Reply
TimBrown
Posts: 997
Joined: 05:59 Monday 4th July 2016
Location: Worcester

Arriva faces being broken up.

Post by TimBrown » 12:15 Monday 24th May 2021

This article titled 'Transport giant Arriva faces being broken up' featured in the Business section of The Sunday Telegraph on 23 May 2021. I had to split it as the page was too long to fit my scanner.
Arriva sell-off 001.jpg
Arriva sell-off. 001 (2).jpg

Ridercross
Posts: 44
Joined: 12:03 Monday 11th July 2016

Re: Arriva faces being broken up.

Post by Ridercross » 11:50 Tuesday 25th May 2021

Interesting, so it looks like the UK arm will all be sold off as one or floated as one business.

There won't be a splitting up of individual companies and sold off in a piecemeal fashion which may have appealed to some of the smaller groups. Presumably the sales and closures so far such as Cannock were purely to offload underperforming parts leaving a more profitable group which would be more attractive to investors.

Post Reply

Return to “Fleet Discussion”

Who is online

Users browsing this forum: No registered users and 1 guest