RATP Dev and Tower Transit formed a JV.

RATP Dev, an urban and intercity transportation systems operator, and Tower Transit, a contracted bus operator, formed a JV. Financial terms were not disclosed. "This is a very exciting development for Tower Transit and its parent, the SeaLink Travel Group. The negotiation of this agreement has already proved a close working relationship can be achieved which will be mutually beneficial, with common vision and values existing from the outset," Paul Cox, Tower Transit Chairman.