News
14 March 2018

John Laing sells stake in IEP phase 1 to AXA

In:
Infrastructure, Transport
Region:
Europe

The John Laing Group has agreed to sell its 15% interest in the InterCity Express Programme (IEP) Phase 1 project to insurance and asset management group AXA SA  for a cash consideration of £227.5 million. The IEP project is a  27.5-year DBFM contract for a fleet...

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