UK government’s 40% Eurostar stake attracts strong interest from infrastructure funds
The Eurostar stake being sold by the UK government has generated strong interest among infrastructure funds, The Sunday Times reported.
PSP of Canada has teamed up with the UK-based fund Arcus; USS, the UK-based pension fund, is working with Canada-based CDPQ; and France-based EDF Invest has joined forces with GIC of Singapore, the unattributed report said.
The private-equity firms 3i, Ardian and Antin are believed also to be interested in acquiring a stake in the Anglo-French railway operator, the item reported.
UBS is handling the auction of the 40% stake, which is expected to fetch approximately GBP 300m (USD 483m), the report said.
Source Sunday Times