Deutsche Bahn to announce deal to sell Arriva to I Squared on Thursday -sources

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The two parties will sign the deal by Thursday, two people familiar with the matter said on Wednesday.

Deutsche Bahn declined to comment.

Reuters had already reported last week that the sale, at around 1.6 billion euros ($1.69 billion) including debt, would be finalised as early as Monday.

Arriva operates red London buses and train services in the UK.

($1 = 0.9491 euros)