Abellio UK to be sold off

[GusB]

I was debating on whether or not to post this in the London Buses thread, as that's where the bus operations seem to be, but as Abellio has rail interests, I thought it best to keep it separate.

Abellio to be bought out - Bus & Coach Buyer

Abellio is to be bought out from state-owned rail company, Nederlandse Spoorwegen, by a new UK-run transport company. The move will pave the way for the new company to take over all Abellio UK’s existing services, serving millions of rail and bus passengers in London, Liverpool, the Midlands and...

www.busandcoachbuyer.com

Abellio is to be bought out from state-owned rail company, Nederlandse Spoorwegen, by a new UK-run transport company.

The move will pave the way for the new company to take over all Abellio UK’s existing services, serving millions of rail and bus passengers in London, Liverpool, the Midlands and East Anglia. The new company will be called Transport UK Group Ltd. By the end of this year, it will operate over Abellio’s 50 London bus routes.

The deal is led by Abellio Managing Director, Dominic Booth, who has decades of experience running public transport services in the UK. Completion of the buyout deal is subject to formal approval from partners including the DfT, TfL and Merseytravel as well as regulatory consent from the Office for Rail and Road.

After 20 years in the UK, Nederlandse Spoorwegen has decided to withdraw from the UK market to focus on domestic service provision within, and international railway services to and from, the Netherlands. Abellio has been operating in the UK since July 2003.

EDIT - There is an existing thread here:

Abellio management buy-out

It seems NS is getting out of the UK: Key rail and bus services to return to UK-ownership Abellio UK and Nederlandse Spoorwegen announce management buyout. A new UK-run transport company is set to operate four of the country’s rail passenger services and over 50 London bus routes by the end of...

www.railforums.co.uk