Chaos For London ? Metronet BCV And Metronet SSL Apply For PPP Administration


Berlin, July 18, 2007

Bombardier Transportation notes that today, the directors of Metronet BCV Ltd and Metronet SSL Ltd, the Public Private Partnership (PPP) concession companies responsible for the upgrade and maintenance of approximately 75% of London Underground’s rail system under the PPP, have asked the Mayor of London to appoint a PPP Administrator for these companies. Bombardier has a 20% interest in these companies.

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