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Post by ServerKing on Apr 18, 2019 18:38:22 GMT
If Arriva Bus is sold mate, then London would go with it. If Stagecoach buy the London operations of Arriva, will be so interesting as we would spread into North London deeply to areas like Tottenham and Wood Green. Really looking forward to see what happens. Watch this space as they say!!! Anything could happen. The problem is speculation spreads and information gets distorted especially if the papers get wind of things I guess we will have to wait and see what happens in coming weeks
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Post by SILENCED on Apr 18, 2019 18:40:34 GMT
DB are looking to sell whole Arriva operation spanning 14 countries in one go. Everything from DB suggests they are not looking to split the business in anyway ...I would say it is near 100% certain the will not sell London off separately ... if bus is seperated out it is likely to be 14 countries of bus operations you need to buy ... not just London ... and how Stagecoach would fun such a purchase is certainly not clear How soon will we find out if Stagecoach buy it? I'm more interested in the London operations of Arriva more than any other part! Think it will be at least 1-2 months ... DB have appointed Citi and Deutsche Bank as their advisors and both will be keen to drag it out as long as possible to increase the size of their fees
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Post by dennistas on Apr 18, 2019 18:40:48 GMT
If Stagecoach does buy Arriva London, what happens to the Arriva fleet like the HWs, HAs, DWs and HVs etc?
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Post by SILENCED on Apr 18, 2019 18:41:53 GMT
If Stagecoach does buy Arriva London, what happens to the Arriva fleet like the HWs, HAs, DWs and HVs etc? The fleet will go to any purchaser!
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Post by dennistas on Apr 18, 2019 18:42:33 GMT
How soon will we find out if Stagecoach buy it? I'm more interested in the London operations of Arriva more than any other part! Think it will be at least 1-2 months ... DB have appointed Citi and Deutsche Bank as their advisors and both will be keen to drag it out as long as possible to increase the size of their fees Uncertainty isn't good in this case I guess! If we bought the London operations it means that we would be so big and around more parts of London!
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Post by SILENCED on Apr 18, 2019 18:48:32 GMT
Think it will be at least 1-2 months ... DB have appointed Citi and Deutsche Bank as their advisors and both will be keen to drag it out as long as possible to increase the size of their fees Uncertainty isn't good in this case I guess! If we bought the London operations it means that we would be so big and around more parts of London! Think if you are expecting them to just get part of the business ... it will be a lot longer than that as breaking up the company is not seen as a priority
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Post by Deleted on Apr 18, 2019 19:25:34 GMT
DB are looking to sell whole Arriva operation spanning 14 countries in one go. Everything from DB suggests they are not looking to split the business in anyway ...I would say it is near 100% certain the will not sell London off separately ... if bus is seperated out it is likely to be 14 countries of bus operations you need to buy ... not just London ... and how Stagecoach would fun such a purchase is certainly not clear How soon will we find out if Stagecoach buy it? I'm more interested in the London operations of Arriva more than any other part! Deep breaths - It could be many many many months before anything happens.
Not personal to you but I think the downfall of the internet is it makes us want answers instantly. Just imagine 20 or so years ago before forums and email groups we had to wait for TLB each month or Buses Magazine.
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Post by ServerKing on Apr 18, 2019 19:42:25 GMT
Uncertainty isn't good in this case I guess! If we bought the London operations it means that we would be so big and around more parts of London! Think if you are expecting them to just get part of the business ... it will be a lot longer than that as breaking up the company is not seen as a priority Arriva is a very successful company in 14 European countries making €4 billion... this is not quite like selling off House of Fraser, a lot of hurdles to get through, but I wouldn't be surprised if they try wrap things up before the Autumn especially if Brexit ever happens... that still leaves €14 billion of debt that DB have to deal with, they may not want banks dragging their feet and fees rising. Looks like an interesting year, especially with old routes 34 and 192 returning, and seeing who will own the company next (looking to be sold as a whole)... looks like a UK buyer, for sure, but let's see what happens next
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Post by Pilot on Apr 19, 2019 16:21:50 GMT
So by the KFC deal they mean they can sort of just sell it garage by garage to different people to run it? Wonder if that would still keep the name Arriva or and/ every garage would basically have new name. Oh well.
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Post by ADH45258 on Apr 19, 2019 19:08:11 GMT
Think if you are expecting them to just get part of the business ... it will be a lot longer than that as breaking up the company is not seen as a priority Arriva is a very successful company in 14 European countries making €4 billion... this is not quite like selling off House of Fraser, a lot of hurdles to get through, but I wouldn't be surprised if they try wrap things up before the Autumn especially if Brexit ever happens... that still leaves €14 billion of debt that DB have to deal with, they may not want banks dragging their feet and fees rising. Looks like an interesting year, especially with old routes 34 and 192 returning, and seeing who will own the company next (looking to be sold as a whole)... looks like a UK buyer, for sure, but let's see what happens next Is there a possibility of Arriva simply becoming an independent company again (as with before being taken over by DB)?
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Post by ServerKing on Apr 20, 2019 5:22:54 GMT
Arriva is a very successful company in 14 European countries making €4 billion... this is not quite like selling off House of Fraser, a lot of hurdles to get through, but I wouldn't be surprised if they try wrap things up before the Autumn especially if Brexit ever happens... that still leaves €14 billion of debt that DB have to deal with, they may not want banks dragging their feet and fees rising. Looks like an interesting year, especially with old routes 34 and 192 returning, and seeing who will own the company next (looking to be sold as a whole)... looks like a UK buyer, for sure, but let's see what happens next Is there a possibility of Arriva simply becoming an independent company again (as with before being taken over by DB)? Unless there was an MBO (Management Buy Out) which is highly unlikely, and Arriva had the money to do so (it would wipe out most of its profits and DB would want something substantial from the sale) the only route is sale to either a venture capital group (more likely to fatten up Arriva for sale, or carve it up like a Sunday Roast) or to someone else in the industry who would meet requirements and could manage it. Only firm I can think of is Stagecoach, who run rail operations and have overseas bus interests (I believe it ran Coach USA for some time), or National Express... Go Ahead, caught up with the GTR fiasco may not be in a good place to be considered by DfT who are getting fussy with the franchise system of late... it's almost like the Government wants to slowly renationalise the railways again, or reduce the number of players. More than likely a UK buyer, so that kind of limits who it could be. Having worked for an IT firm (Calyx) which fell into the hands of Venture Capitalists, once only doing 2 to three calls a week at some point, yet being paid a fortune, it was a very unstable time. Eventually the company was broken up and my division went to a firm called Daisy Group, only interested in the contracts we had with Network Rail and Matalan, which they lost anyway after making most, except 4 out of a team of 50 redundant They will want continuity of service and reassurance for investors as well as international customers, so despite my humour of Extinction Rebellion or Sports Direct taking up the mantle, I'm sure Citi and other banks handling the sale will execute it swiftly and sensibly within a month or two. If money fails somehow, the original ENs parked at Edmonton could return to the 192, and ex 403 DWs to the 34
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Post by ServerKing on Apr 20, 2019 5:33:35 GMT
So by the KFC deal they mean they can sort of just sell it garage by garage to different people to run it? Wonder if that would still keep the name Arriva or and/ every garage would basically have new name. Oh well. They won't be able to decide to charge for Barbecue Sauce or just chuck it into the family bucket you just spent the best part of £24 on, but quite possibly S Patel & Son as franchisees could still operate Tottenham Garage under the Arriva brand. You will just see a different name on the contactless receipt, but it will be the same great KFC experience #shouldhavegonetoMorleys #thesechipsarentcooked
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Post by dennistas on Apr 22, 2019 2:17:32 GMT
Don't mean to go on but all this Arriva sale case has given me a headache and I can't believe how some drivers spread things that don't even yet exist!
Ok, we understand that they are selling up but the new buyers is not known yet.
I personally see the garages being sold individually to other operators as if 1 operator buys the whole lot in London they will have too much power. Stagecoach would probably be interested in Dartford and maybe Barking garages then WH could be replaced as it costs too much for us.
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Post by Deleted on Apr 22, 2019 5:20:43 GMT
Don't mean to go on but all this Arriva sale case has given me a headache and I can't believe how some drivers spread things that don't even yet exist! Ok, we understand that they are selling up but the new buyers is not known yet. I personally see the garages being sold individually to other operators as if 1 operator buys the whole lot in London they will have too much power. Stagecoach would probably be interested in Dartford and maybe Barking garages then WH could be replaced as it costs too much for us. Impractical. There are companies who can buy Arriva whole with no fiddling around with selling individual garages. Very much doubt Stagecoach will be involved at all.
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Post by dennistas on Apr 22, 2019 6:28:16 GMT
Don't mean to go on but all this Arriva sale case has given me a headache and I can't believe how some drivers spread things that don't even yet exist! Ok, we understand that they are selling up but the new buyers is not known yet. I personally see the garages being sold individually to other operators as if 1 operator buys the whole lot in London they will have too much power. Stagecoach would probably be interested in Dartford and maybe Barking garages then WH could be replaced as it costs too much for us. Impractical. There are companies who can buy Arriva whole with no fiddling around with selling individual garages. Very much doubt Stagecoach will be involved at all. Well according to news, Stagecoach are interested and the only ones interested at the current time.
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