Independent journal on economy and transport policy
14:47 GMT+1
WestLB in talks to drop bid for Railtrack
(The Times)
December 21, 2001
By James Doran
WESTLB, the German bank, is in talks about dropping its bid for Railtrack to join forces with the Government on a deal to pay off shareholders with private sector cash.
The deal, which has already been discussed by WestLB executives and senior civil servants from the Treasury and the Department for Transport, Local Government and the Regions, ...... Read more on The Times
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