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Author Topic: Chiltern Railways To Be Sold Off  (Read 2386 times)
Lee
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Chiltern Railways To Be Sold Off
« on: July 09, 2007, 03:29:01 PM »
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 (link below.)
http://www.rmtbristol.org.uk/2007/07/chiltern_railways_sale_could_t.html#more

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

You may recall the link below.
http://www.savethetrain.org.uk/forum/index.php?topic=1228.msg5571#msg5571
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Lee
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Re: Chiltern Railways To Be Sold Off
« Reply #1 on: July 20, 2007, 11:14:06 AM »
Here is an update on this (link below.)
http://www.rmtbristol.org.uk/2007/07/chiltern_trains_put_up_for_sal.html#more

National Express , the bus and train operator which has recently missed out in several major franchise bids , is expected to look at the business. Stagecoach Group , another large bus and train operator , is known previously to have considered buying Laing Rail but rejected the idea.
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Lee
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Re: Chiltern Railways To Be Sold Off
« Reply #2 on: September 18, 2007, 04:06:10 PM »
Chiltern Railways is being evaluated by around 15 potential bidders (link below.)
http://www.railchat.co.uk/phpBB2/viewtopic.php?f=9&t=12170&start=0&st=0&sk=t&sd=a

Quote :

"The sale is for all of Laing's rail assets, so also includes a number of joint ventures like the London Overground and the Wrexham, Shropshire and Marylebone Railway."
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Lee
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Re: Chiltern Railways To Be Sold Off
« Reply #3 on: December 07, 2007, 10:21:07 AM »
Deutsche Bahn is reported by Financial Times Deutschland to be interested (link below.)
http://www.rmtbristol.org.uk/2007/12/deutsche_bahn_aims_to_buy_chil.html#more

With 60 multiple unit trains , the company is seen as a 'gem' , the paper added , citing industry sources.
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Lee
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Re: Chiltern Railways To Be Sold Off
« Reply #4 on: December 10, 2007, 11:54:23 AM »
Deutsche Bahn and NedRail , its Dutch equivalent , are the sole remaining bidders (link below.)
http://www.rmtbristol.org.uk/2007/12/rail_rivals_line_up_chiltern.html#more

In a separate move , the German group has applied to run services through the Channel tunnel , raising the prospect of it operating high-speed trains into Europe in competition with Eurostar.
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courgettelawn
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Re: Chiltern Railways To Be Sold Off
« Reply #5 on: December 12, 2007, 10:27:02 AM »
This is when you see (hopefully) the potential for good that a privatised railway can provide.  Something to compete with Eurostar is very tantalizing!
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Lee
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Re: Chiltern Railways To Be Sold Off
« Reply #6 on: January 21, 2008, 11:32:10 AM »
German national rail operator Deutsche Bahn plans to spend up to 170 million euros ($249.2 million) acquiring Britain's Laing Rail, the owner of Chiltern Railways, a German newspaper said on Sunday (links below.)
http://www.rmtbristol.org.uk/2008/01/deutsche_bahn_to_acquire_uks_l.html#more

http://oxfordmail.net/display.var.1981146.0.chiltern_railways_taken_over_by_germans.php

http://news.bbc.co.uk/1/hi/england/7200275.stm

Citing sources involved in the negotiations, the Financial Times Deutschland (FTD) said Deutsche Bahn would announce the takeover of Laing on Monday, according to the advance copy of an article due to appear in the paper's Monday edition.
« Last Edit: January 22, 2008, 10:52:14 AM by Lee » Logged
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