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![]() On 25 Mar, 20:21, "Lüko Willms" wrote: Am Wed, 25 Mar 2009 10:50:23 UTC, *schrieb Mizter T *auf uk.railway : ICRR in turn is, if I am not completely mistaken, a shareholder of Eurostar Group Ltd, which is the unified management and distribution company of Eurostar as an international operation. You are mistaken - Eurostar Group is the "unified management structure" that was created in 1999 by the three Eurostar partners - SNCF, LCR, and SNCB/NMBS. Eurostar Group Ltd is merely the legal identity of this structure. * Are you sure, that neither EUKL nor ICRR are partner of Eurostar Group Ltd? Do you have sources for this? LCR *wholly owns* EUKL, and I said that LCR was one of the three partners that make up Eurostar Group Ltd. This railfaneurope.net page suggests that the split in ownership of Eurostar Group Ltd is EUKL 33%, SNCF 62%, SNCB/NMBS 5% - ok, so LCR is a partner through it's wholly owned subsidiary EUKL rather than a direct partner in Eurostar Group Ltd, but that's just a technicality. * And if, if neither the owner of the British Eurostar trainsets (EUKL) nor the company which is the railway undertaking running those trains on British soil (ICRR) are partners in Eurostar Group Ltd, on what contractual basis can Eurostar Group Ltd interfere in the business of EUKL and ICRR? Read what I said! I did mention LCR. |
#2
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Am Wed, 25 Mar 2009 20:40:54 UTC, schrieb Mizter T
auf uk.railway : This railfaneurope.net page suggests that the split in ownership of Eurostar Group Ltd is EUKL 33%, SNCF 62%, SNCB/NMBS 5% - ok, so LCR is a partner through it's wholly owned subsidiary EUKL rather than a direct partner in Eurostar Group Ltd, but that's just a technicality. No, it isnt. Since if the British share in Eurostar Group Ltd were held by L&CR, a sale of EUKL would not pass this ownership to the buyer of EUKL, but stay with L&CR, among whose owners one finds SNCF... Railfaneurope... I wait for a reply from SNCF Participations to my query... * And if, if neither the owner of the British Eurostar trainsets (EUKL) nor the company which is the railway undertaking running those trains on British soil (ICRR) are partners in Eurostar Group Ltd, on what contractual basis can Eurostar Group Ltd interfere in the business of EUKL and ICRR? Read what I said! I did mention LCR. Sure, but EUKL handed management of Eurostar on Great Britain over to ICRR. What is then left to EUKL to do? I would think that not EUKL, but ICRR is the partner in Eurostar Group Ltd, and that the 62% which SNCF gives on their SNCF-Participations website is the addition of a direct share and the indirect via ICRR. Cheers, L.W. -- ----------------------------------------------------- |
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