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Eurotunnel buys GB Railfreight from FirstGroup

2010-06-01T12:19:00Z

EUROPE: Groupe Eurotunnel’s freight operating subsidiary Europorte has bought UK operator GB Railfreight from FirstGroup for £26∙3m in cash. Announcing the acquisition at a press conference in London on June 1, Eurotunnel Chairman & CEO Jacques Gounon said that the deal was ‘a strategic move to boost ...