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Business: Issue Issue 23 22 Aug 2011

RATP Metrolink deal highlights advance of major European operators

Yet another British transport system has passed to foreign ownership, and the lessons are significant

In March, the merger of French groups Transdev and Veolia brought another new player from Continental Europe onto the UK transport scene. State-owned, Paris-based  RATP received the London United and Bournemouth Yellow Buses businesses as part payment for its stake in Transdev, and chief executive Pierre Mongin immediately announced an aggressive UK expansion policy.

This month, Mongin showed that RATP’s ambitions should indeed be taken seriously, with the acquisition of the...

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Your Comments:

Philip
28 Oct 2011

Worth noting that RATP references in Mumbai, Seoul, and Hong Kong are shared with partners Veolia Transdev...