THE European Commission (EC) has approved under European Union (EU) merger regulations the acquisition of the German activities of British public transport group Go-Ahead by Austrian Federal Railways (\u00d6BB) subsidiary \u00d6BB-Passenger.<\/p>\n
The EC concluded that the notified transaction would not raise competition concerns given the companies\u2019 limited combined market position resulting from the proposed transaction.<\/p>\n
An \u00d6BB spokesperson told IRJ that closing on the deal is expected by the end of January.<\/p>\n
Go-Ahead Germany holds three regional operating contracts in Baden-W\u00fcrttemberg and two in Bavaria, accounting for approximately 10 million train-km per year in each state. It began operating in Baden-W\u00fcrttemberg in 2019, followed by Bavaria in 2021.<\/p>\n
On announcing the planned disposal in October, \u00d6BB confirmed that Go-Ahead Germany will continue to act as an independent company and will operate its existing contracts under the current management team, led by Mr Fabian Amini, managing director of Go-Ahead Germany.<\/p>\n
The post EC clears \u00d6BB\u2019s acquisition of Go-Ahead Germany<\/a> appeared first on International Railway Journal<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" THE European Commission (EC) has approved under European Union (EU) merger regulations the acquisition of the German activities of British public transport group Go-Ahead by […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[47,5],"tags":[],"class_list":["post-4056","post","type-post","status-publish","format-standard","hentry","category-rail-news","category-transport"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/4056","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4056"}],"version-history":[{"count":0,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/4056\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}