***Porterbrook Leasing Company Limited has announced that a consortium of investors including Antin Infrastructure Partners (the BNP Paribas sponsored infrastructure fund), Deutsche Bank and Lloyds TSB has entered into a definitive agreement to acquire 100% of the Company from Abbey National.
Completion of the purchase is subject to regulatory approvals and is expected to take place before the end of 2008.***
Sources at the Rosco deny that Deutsche Bank's interest has anything to do with Porterbrook's 'DE1' postcode.
UPDATE: The Deutsche Bank led consortium will pay £1.4bn for the Rosco - the same price Abbey paid to Stagecoach when it acquired Porterbrook in 2000
Monday, 27 October 2008
Porterbrook flogged
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