FirstGroup and I Squared weighing competing bids for parts of Arriva

FirstGroup and infrastructure fund I Squared are weighing competitive bids for parts of Arriva

FirstGroup and infrastructure fund I Squared are weighing competitive bids for parts of Arriva.

The transport company would be interested in the bus and train business outside the UK.

At the helm: Arriva’s owner said talks about a sale with potential bidders are still in the early stages

Infrastructure fund I Squared is now also considering an offer.

Arriva’s owner, Germany’s state-owned rail operator Deutsche Bahn, said talks about a sale with potential bidders are still in the early stages.