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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