German national rail carrier Deutsche Bahn is set to sell its subsidiary Arriva Deutschland to Italian train operator Trenitalia for €170m ($225.4m).
European Union competition authorities ordered the rail operator to dispose of the German activities of British transport operator Arriva, which it recently acquired for €2.8bn ($3.3bn.).
French rail operator Veolia was another reported bidder for Arriva Deutschland, which operates regional rail and bus networks in Germany.
