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03 December 2008 The on-line newspaper devoted to the world of transports 06:34 GMT+1



December 21, 2001

WestLB in talks to drop bid for Railtrack

By James Doran

WESTLB, the German bank, is in talks about dropping its bid for Railtrack to join forces with the Government on a deal to pay off shareholders with private sector cash.

The deal, which has already been discussed by WestLB executives and senior civil servants from the Treasury and the Department for Transport, Local Government and the Regions, ......
Read more on The Times



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