European transport market began to integrate international online: According to the German World News 22nd reported that the German railway (Deutsche Bahn) has announced a 1.8 billion euros in the price of the acquisition of British transport company Arriva. Gruber Rüdiger Grube, the chief executive of the German Railways, predicts that an increasingly liberalized European transport market will face a wave of consolidation that is not only the beginning of this wave, but will also accelerate the process. Arriva is the UK's third-largest bus company and has franchises in 12 other European countries, while the German railways are currently Europe's largest transport and logistics group. The German railways are hoping to challenge French rivals SNCF to take a more active role in the European market, and Arriva is the best option at the moment, so the acquisition is of considerable strategic importance. Gruber said the acquisition of British shipping company Arriva would form a new db-arriva, adding that the acquisition was aimed at boosting efficiency rather than cutting costs. German railways said in a statement that the acquisition of Arriva will strengthen the market share of German railways in Europe, but this does not mean that the central German market will be ignored, when Arriva's company brand will continue to remain outside the German market. (Liang)
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