By Railway Gazette International and Malek1999-03-01T11:00:00
British engineering contractor John Laing Group is to acquire a controlling interest in M40 Trains, which operates the Chiltern Railways franchise linking London, Aylesbury and Birmingham. Subject to approval by the Office of Passenger Rail Franchising, Laing will buy the 23% stake owned by venture capitalist 3I, and another 35% ...
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