This just in from Robert Wright of the Financial Times...
The fact compiler appears to be confused - understandably confused, but still confused - about who owns Angel Trains.
The purchase from RBS was arranged by Babcock & Brown, the bit that's gone bust, which also arranged the financing.
But the shares are owned by a range of investors, including the Babcock & Brown European Infrastructure Fund, a separate fund that's unaffected by the Babcock & Brown collapse.
Babcock & Brown holds fewer than 5 per cent of the shares in BBEI, I'm told.
So there's no cause for alarm about the future of either Angel Trains or Forth Ports.
The Fact Compiler stands corrected!
