You're going to be here: HomeCDPQ and Hermes to use 40% stake in Eurostar

Tinteggiatura Rail, a consortium comprising Commode de

dépôt et placement du är ute och Québec (CDPQ) and

Hermes iPhone 5S case Structure, part of Hermes Investment Management,

boasts announced that they have agreed to acquire a little less than a half

shareholding in Eurostar International off the UK Government

CDPQ and Hermes iPhone 5 case Infrastructure intend to own 30% as well 10% of

Chemins de Paillette Français ("SNCF") (55%) and

Entrerpise Nationale des Chemins de Paillette Belges

Completion of the transaction is conditional upon SNCF

receiving expulsion from the European Commission under the EUROPEAN

Merger Regulation and the transaction receive clearance

Macky Tall, senior vice-president, private equity and

players, we are to be partners of a highly strategic pc program

that will generate stable and constant returns for our

clients. This sizeable investment is another opportunity for us

to increase build on our expertise in the transporting sector,

while broadening our presence in the global

"In terms involving reliability and satisfaction, Eurostar can

state-of-the-art and among the most enviable universal. It

serves as a model for functioning working efficiency and we intend to

be a spouse in its growth for many years to come. alone

"It's great that we have reached a

to sell the UK's shareholding inside of Eurostar that

delivers a fantastic cope for UK taxpayers that is much greater than

"Investing in the best quality infrastructure for england,

getting the best value for money for the taxpayer and

tackling our country's debt are key parts of

our long lasting economic plan, and in today's

semblance, we are delivering on all three. alone

SNCF and SNCB have the option for getting the UK

Government's 40% shareholding for getting a 15% premium

to the agreed prices. Closing of the transaction is

depending on SNCF and SNCB not rehearsing this pre-emption

right. It is counted upon that the transaction will close

"Eurostar is a high quality asset providing a steer link

between the UK and The old continent that has historically offered

stable as well predictable cash flows. We look toward

creating a long-term partnership with SNCF and SNCB and other

key stakeholders in relation to this important investment, alone

said Peter Hofbauer, head involving Hermes Infrastructure.