For sale: 40% of Eurostar

THE UK government has confirmed it is seeking buyers for its 40% stake in Eurostar to help boost the public finances.

It is hoping to attract bids of up to £300 million for the shareholding.

The Treasury controls its share of Eurostar through London & Continental Railways, the remaining nationalized part of the old British Rail. 

SNCF, France’s state-owned rail operator, holds 55% and the Belgian government owns the remaining 5%.

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