You are here

UK govt sells its stake in Eurostar rail for £585m

Friday, March 6, 2015 - 05:50
BT_20150306_KVSALE5_1547036.jpg
A group led by Canadian pension fund CDPQ will buy the 40% Eurostar stake. The rest is held by French and Belgian operators.

London

BRITAIN has agreed to sell its 40 per cent stake in the Eurostar rail link for £585 million (S$1.2 billion) to a consortium comprising the Canadian public pension fund Caisse de Depot du Placement du Quebec (CDPQ) and the British asset manager Hermes.

The government