16th Nov 2016 07:00
Groupe Eurotunnel (Paris:GET) has today completed the sale of its British rail freight subsidiary, GB Railfreight, to EQT Infrastructure II.
Following consultation with the relevant group level staff representative bodies, on 26 October, the Group undertook the sale of GB Railfreight to EQT Infrastructure II.
Revenues for GB Railfreight in 2016 are expected to reach approximately £125 million.
The amount of the transaction in enterprise value terms is approximately €180 million.
Eurotunnel Contacts:For UK media enquiries contactJohn Keefe on + 44 (0) 1303 284491Email: [email protected]orFor other media enquiries contactAnne-Laure Desclèves on +33(0)1 4098 0467orFor investor enquiries contact:Jean-Baptiste Roussille on +33 (0)1 40 98 04 81Email: [email protected]orMichael Schuller on +44 (0) 1303 288749Email: [email protected]
View source version on businesswire.com: http://www.businesswire.com/news/home/20161115006896/en/
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