07 June 2024
07 June 2024
The $1.6bn deal, originally approved by regulators in late 2023, is now completed.
The new company is entirely funded by private equity firm Antin Infrastructure Partners.
The rail operator has launched the first six of the trains on services between North Wales and Birmingham.
The rail manufacturer will deliver 22 trainsets for the metro’s new line, set to open in 2025.
The Austrian company is hoping to strengthen its presence in the Benelux region with its own traction.
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