Im suprised that when BNB get on a shortlist they release a statement to the market, but when they sign on for another 2.8BIllion of liabilities nothing said
LONDON, Sept 22 (Reuters) - British lessor Angel Trains has signed a 1.5 billion-pound ($2.8 billion) order for 106 express train carriages, bringing a long-awaited capacity increase on Britain's busiest inter-city railway a step closer.
Angel Trains was sold by Royal Bank of Scotland (RBS.L: Quote, Profile, Research, Stock Buzz) for $7 billion, including debt, to Australia's Babcock & Brown (BNB.AX: Quote, Profile, Research, Stock Buzz) in a deal announced in June.
BNB Price at posting:
$1.28 Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
