Britain plans to sell its 40 percent stake in Channel Tunnel express train operator Eurostar Group Ltd. as it seeks to improve transport links and raise billions of pounds from asset disposals after paring state spending.
A breakup of ThyssenKrupp AG -- an idea long-resisted by its biggest shareholder -- is starting to look more realistic after activist investor Cevian Capital AB increased its stake in the German conglomerate.
London commuters faced a second day of travel disruption and thousands of homes were without power in the wake of a storm that killed four people in southern England and at least a dozen across northern Europe.
PKP Cargo SA, the European Union’s second-largest rail freight company, jumped on its first day of trading in Warsaw after demand in its $467 million share sale this month was almost six times higher than offer.
Deutsche Bahn AG, Germany’s state- owned railway, is in “advanced talks” to buy Arriva Plc for about 1.6 billion pounds ($2.4 billion), the U.K. transport operator said. Arriva rose to the highest price in 1 1/2 years.