A consortium led by CK Infrastructure (HKG:1038) has received regulatory approval from the UK Competition and Markets Authority for the sale of UK Rails (Eversholt Rail), with completion expected later this month, The Standard reported.

CK Infrastructure holds a 65% stake in the rolling stock leasing company, alongside CK Asset Holdings (HKG:1113), Power Assets (HKG:0006), and CK Hutchison (HKG:0001), according to the report.

UK Rails was reportedly acquired by CK Infrastructure and CK Hutchison in 2015, with each holding a 50% stake.

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