Groupe Eurotunnel Completes the Sale of GB Railfreight
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PARIS--(BUSINESS WIRE)-- Regulatory News:
Groupe Eurotunnel (Paris: GET) has today completed the sale of its British rail freight subsidiary, GB Railfreight, to EQT Infrastructure II.
Following consultation with the relevant group level staff representative bodies, on 26 October, the Group undertook the sale of GB Railfreight to EQT Infrastructure II.
Revenues for GB Railfreight in 2016 are expected to reach approximately £125 million.
The amount of the transaction in enterprise value terms is approximately €180 million.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161115006545/en/
Eurotunnel Contacts:
For
UK media enquiries contact
John Keefe on + 44 (0)
1303 284491
Email: [email protected]
or
For
other media enquiries contact
Anne-Laure Desclèves on
+33(0)1 4098 0467
or
For investor enquiries contact:
Jean-Baptiste
Roussille on +33 (0)1 40 98 04 81
Email: [email protected]
or
Michael
Schuller on +44 (0) 1303 288749
Email: [email protected]
Source: Groupe Eurotunnel SE
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