Abellio Transport Group Limited, the international arm of the Dutch rail firm NS Groep N.V., has agreed to sell a 40% stake in its Greater Anglia rail franchise to Mitsui & Co., Ltd., the BBC reported on 17 January.
Although the value of the deal has not been disclosed, Abellio says it will result in the investment of £1.4bn over nine years, leading to shorter journey times and new trains.
The deal is still subject to regulatory approval by the Department for Transport.