Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

Eurostar sale cleared

15 May 2015
 

The European Commission has given conditional approval to French state railway operator SNCF to acquire full control of Eurostar international Ltd.

Eurostar has been a jointly controlled venture between SNCF Mobilites (the French railway passenger arm), the UK Treasury and SNCB (the Belgian state railway) since 2010, with each party holding 55%, 40% and 5% shareholdings respectively.

The Commission found that the original merger plan would have hindered competition between London and Paris, and...

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