GBRf put on the market

News-in-print 1 May 2010 by WCN Editorial

British rail freight “newcomer” GB Railfreight (GBRf) has been put up for sale by FirstGroup (National Express), reportedly in a bid to reduce its £2.3B debt figures. FirstGroup has been highly leveraged since it acquired US Greyhound bus operator Laidlaw International for US$3.6B in 2007, and since then was caught by the recession in common with other transport operators.

𝕏

Do you want to read the full article?

Register to continue reading

By registering you will have:

Access to all Premium content
Discount on selected events
Full access to the entire digital archive
10x per year Digital Magazine

SUBSCRIBE or, if you are already a member Log In

Having problems logging in? Call +31(0)10 280 1000 or send an email to customerdesk@worldcargonews.com.

Business Mergers/Acquisitions/Restructuring Multimodal Rail GB Railfreight Rail miscellaneous

𝕏

GBRf put on the market ‣ WorldCargo News

GBRf put on the market

News-in-print 1 May 2010 by WCN Editorial

British rail freight “newcomer” GB Railfreight (GBRf) has been put up for sale by FirstGroup (National Express), reportedly in a bid to reduce its £2.3B debt figures. FirstGroup has been highly leveraged since it acquired US Greyhound bus operator Laidlaw International for US$3.6B in 2007, and since then was caught by the recession in common with other transport operators.

𝕏

Do you want to read the full article?

Register to continue reading

By registering you will have:

Access to all Premium content
Discount on selected events
Full access to the entire digital archive
10x per year Digital Magazine

SUBSCRIBE or, if you are already a member Log In

Having problems logging in? Call +31(0)10 280 1000 or send an email to customerdesk@worldcargonews.com.

Business Mergers/Acquisitions/Restructuring Multimodal Rail GB Railfreight Rail miscellaneous

𝕏