Companies

Apr 22: Deutsche Bahn buys Arriva for £1.5bn

“We are placing our hopes in Sunderland,” declared Deutsche Bahn’s chief executive Rüdiger Grube on Thursday, after the German state-owned transport group sealed its takeover bid for Tyne-and-Wear-based Arriva. Robert Wright, transport correspondent, talks to Daniel Garrahan about whether the deal will spark further consolidation in the European transport sector.