News Blog for the Essex Rail Users Federation - www.eruf.org
Wednesday, 23 September 2009
CVC Group May Request More Time On NX Due Diligence
Media reports are suggesting that CVC Capital Partners and Spain's Cosmen family are expected to ask for more time to do due diligence before they make a formal offer for National Express Group. The current deadline is set for 16:00GMT on Friday.
Is this the same CVC that owns Formula 1? Are we due to get faster trains as a result?!!!
ReplyDeleteThis is the CVC that is involved with Formula 1 I believe, yes. I suspect the Network Rail Safety Car will prevent faster trains....
ReplyDelete