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Old March 25th 09, 07:40 PM posted to uk.transport.london,uk.railway,misc.transport.urban-transit
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Default (Times): Britain to have fastest train service in the worldwithin 12 years


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.
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Old March 26th 09, 06:31 AM posted to uk.railway,misc.transport.urban-transit,uk.transport.london
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Default (Times): Britain to have fastest train service in the world within 12 years

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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