Germany's FlixBus in talks on buying Eurolines from Transdev

German-based bus company FlixBus is in talks to buy international bus operator Eurolines from France's Transdev Group in a deal that would expand its European reach

FlixBus and Transdev said Monday that they are entering exclusive negotiations on Eurolines, whose network spans 25 countries. Eurolines also operates French domestic routes under the Isilines brand, which would be part of the possible deal.

The companies did not disclose financial details.

FlixBus founder and CEO Jochen Engert said the Eurolines purchase "would strengthen our European network and complement organic growth in key European markets."