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

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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...

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