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Radio France Internationale
Radio France Internationale
National
RFI

Italian rail operator teams up with US fund to expand French services

A train from the Italian railway company Trenitalia arrives at Marseille Saint-Charles station in the south of France. AFP - MIGUEL MEDINA

Italy's state rail operator Ferrovie dello Stato has said it will increase operations in its Trenitalia France unit, via a billion-dollar joint venture with US private equity fund Certares.

The agreement seeks to "accelerate the growth" of Trenitalia France and "consolidate its presence in France, the United Kingdom and cross-border markets," the partners said in a statement.

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