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Old July 10th 07, 03:25 PM posted to uk.railway,uk.transport.london
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Default Reuters announce Chiltern Railways for sale

On Jul 10, 12:18 pm, Bob wrote:
Further report from Reuters
Quote
LONDON (Reuters) - Chiltern Railways could be auctioned as soon as
late August by fund manager Henderson , with bids expected to exceed
80 million pounds, industry sources said on Friday.

One of the sources said bids could approach 100 million pounds,
adding, "It should happen in early autumn -- around late August or
early September."

Another source said on Thursday that Henderson had appointed KPMG as
advisers for a sale of the train operator, so that its project manager
division, John Laing, can focus on its core infrastructure activities.
This source later said Chiltern could be worth around 80 million
pounds.

snipped


If that is the case then the link with Renaissance Trains (WSMR) will
need to be sorted. Any price Renaissance Trains joining in the
bidding? or even Virgin to replace the lost XC franchise?

Hobdenious

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