ON DECEMBER 22 Lehman Brothers Merchant Banking and MCH Private Equity announced investment in a capital increase in Patentes Talgo SA.
Purchase of shares from the Oriol family and corporate restructuring will give LBMB a direct and indirect voting equity stake of 49·9%. The transaction is expected to close in the first half of 2006. n
INDIA: Spain’s Ministry of Transport & Sustainable Mobility has signed a memorandum of understanding to support Indian Railways in developing and upgrading its network. The initial agreement runs for five years, when a number of pilot projects are envisaged, to be followed by automatic annual renewals. ...
UK: The annual Rail Business Awards which recognise and reward excellence across every aspect of the industry will be back in Manchester in 2025.
INTERNATIONAL: ‘Beware of trains. Life can change in a split second’ is the slogan for the 16th International Level Crossing Awareness Day, which this year has a particular emphasis on the safety of vulnerable people. Around 50 countries take part in the annual ILCAD campaign which ...
