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Article: ARRIVA PLC - Acquisition(s).
- Article from:
- PR Newswire UK Disclose
- Article date:
- January 7, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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7 January 2008
Arriva plc
ARRIVA INCREASES INVESTMENT IN LEADING PORTUGUESE OPERATOR BARRAQUEIRO
Arriva plc today announced the acquisition of a further 10 per cent interest in
Barraqueiro SGPS SA (Barraqueiro), the leading Portuguese passenger transport
operator, for a consideration of a[logical not]50 million in cash (approximately A[pounds sterling]34
million). This builds on Arriva's acquisition of 21.5 per cent of Barraqueiro
in May, 2006.
The acquisition has been effected by purchasing 10 per cent of the shares in
Barraqueiro's holding company, GB Barraqueiro Holdings SGPS SA.
Barraqueiro is the largest passenger transport operator in Portugal, with more ...
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Article: ARRIVA PLC - Statement re Joint Venture.
PR Newswire UK Disclose;
November 28, 2005 ;
591 words
... ... LISBON JOINT VENTURE Arriva plc, the European transport ... proposed joint venture with Barraqueiro Group. The joint venture ... Competition Authority. Arriva and Barraqueiro do have the right to ... advisers. Enquiries: Arriva plc Bob Davies 0191 ...
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