| An Australian pensions giant and Abu Dhabi’s sovereign wealth fund are part of a consortium closing in on a takeover of a third of Britain’s trains. The clutch of international investors, led by Australia’s AMP Capital, is leading the race to buy Angel Trains, which was recently put up for sale by its owners. AMP already owns 25% and has the right to match any offer.
Britain’s three rolling stock companies, or roscos, — Angel, Porterbrook and Eversholt — were formed two decades ago with the privatisation of British Rail. They have attracted huge interest from pension and sovereign wealth funds eager to snap up infrastructure assets with stable earnings...............................................Full Article: Source
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