Eurostar stake sold for more than £750m after 'fierce' battle

Anglo-Canadian consortium to buy 40% stake in Eurostar for significantly higher sum than analysts predicted

A Eurostar train at St Pancras International station
(Image credit: Ben Pruchnie/Getty Images)

The government is due to sell off its stake in Eurostar for more than £750m, a significantly higher sum than analysts had predicted.

Following a "fierce six-month bid battle", the Anglo-Canadian consortium, Patina Rail LLP, is buying the state's 40 per cent stake for £585.1m, reports the Daily Telegraph.

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