Dutch railway group to buy into The Hague’s bus and tram company

National railway company NS plans to buy 49% of the shares in The Hague’s city transport firm HTM, the state-owned transport groups said on Thursday.

The deal will be finalised pending a due diligence survey, at which point the financial details will also be published, the NS said.
HTM director Dirk le Clerq told reporters the city transport firm had approached the NS. ‘HTM is a healthy company but it is not rich,’ he said. ‘This is a way for us to expand and innovate.’
The takeover, which aims to encourage more people to use public transport in The Hague region, will not have any consquences for jobs, both parties said.
Will this mean better services for passengers? Have your say using the comment box below.

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