Market Chatter: CK Infrastructure-Led Consortium Wins UK Approval for UK Rails Sale

MT Newswires Live
Jan 15

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.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10