Nationalisation of Tramtrack Croydon (Tramlink)

Transport for London announcement (about 2 pages) that it has agreed to buy Tramtrack Croydon Ltd, the Tramlink concessionaire. The purchase price of £98 million effectively acts as a lump-sum settlement of the contractual dispute between Transport for London and Tramtrack.

For further information or advice please contact Franck Latrémolière.

Filed under Rail & bus.

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