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The German insurance giant Allianz is set to make a £2bn bid for the Channel Tunnel rail link, a prized piece of UK infrastructure that is expected to be privatised.
Allianz is just one of a number of groups that is planning a bid for the 68-mile stretch of railway from London to Folkestone, Kent. Abu Dhabi Investment Authority and Hong Kong-based CKI are understood to have formed other consortia, as has Eurotunnel.
A successful bid from Allianz would mark a continuation of German interest in British infrastructure. Earlier this year, Deutsche Bahn paid £1.6bn to buy the bus and rail group Arriva. Deutsche Post is also seen as an early favourite in the race to buy Royal Mail when it is privatised.
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Allianz in £2bn plan to buy Channel rail link
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Stormproof
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Allianz in £2bn plan to buy Channel rail link
So keep on moving, moving, moving your feet
Keep on shuf-shuf-shuffling to this ghost dance beat
Just keep on walking down never ending streets
Illegitimi non carborundum
Keep on shuf-shuf-shuffling to this ghost dance beat
Just keep on walking down never ending streets
Illegitimi non carborundum
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Lounge Lizard
- EX ROYAL MAIL
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- Joined: 06 Aug 2007, 21:54
Re: Allianz in £2bn plan to buy Channel rail link
And DB, the German Railways, now owns Arriva which controls many bus routes and runs many train services in Britain. 
Churchill must be spinning in his grave.
Churchill must be spinning in his grave.
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TrueBlueTerrier
- FORUM ADMINISTRATOR
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Re: Allianz in £2bn plan to buy Channel rail link
My Gran, unfortunately a vehement anti German having lived through both WWs said, before she died, that they tried twice to take over Europe by invasion and it failed. So they thought up the EU and hey presto inch by inch they are getting what they want. One currency, one parliament passing laws, a central bank, no borders and getting more and more control of private lives and national laws and interests.
Now I don't agree with that opinion in so far as she thought it was just the Germans, but I do agree that we giving up a lot of national assets, laws and culture because of the EU Parliament and if there was a referendum today I would vote to come out.
Now I don't agree with that opinion in so far as she thought it was just the Germans, but I do agree that we giving up a lot of national assets, laws and culture because of the EU Parliament and if there was a referendum today I would vote to come out.
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kimski1976
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Re: Allianz in £2bn plan to buy Channel rail link
why does england what to seel everything to a non english corperation. firstly, im not like hitler, but i beleive in england and keeping english business english with english owners. i dont like the idea knowing if i buy a rail ticket, the profit goes into a germans hands out of this country. keep it england!