Anglo-Canadian Duo Swoops For Eurostar Stake

A consortium of British and Canadian pension and infrastructure funds is poised to swoop on the government's stake in Eurostar in a deal that will raise hundreds of millions of pounds for the Treasury. Sky News understands that Caisse de Depot et Placement du Quebec (CDPQ) and an infrastructure arm of Hermes, a major UK institutional investor, are close to a deal to buy the government's 40% shareholding. The stake was put up for sale last autumn as part of a plan outlined by George Osb