A bus company operating in Borehamwood has also become a major bus operator in Portugal.

Arriva plc has acquired a 51 per cent interest in Transportes Sul de Tejo (TST) for £23.5million, together with an option to acquire the remaining 49 per cent next year. TST is the leading operator of scheduled bus and coach services in the commuter region to the south of Lisbon, and has a fleet of 700 vehicles.and has a fleet of 700 vehicles.

July 3, 2002 14:30