MergerLinks Header Logo

Announced

Eurostar to merge with Thalys.

Synopsis

Eurostar, an operator of railway networks connecting, agreed to merge with Thalys, an operator of high-speed trains. SNCF will be the majority shareholder of this holding company while SNCB will inherit 18.5% of the shares. Financial terms were not disclosed. Thalys is a French-Belgian high-speed train operator originally built around the LGV Nord high-speed line between Paris and Brussels. Together, the two companies share the high speed network on a European area of more than 75m citizens between London, Paris, Amsterdam and Cologne. In recent years, both companies seemed to have reached a peak and were looking for new growth markets. Since April 2018, Eurostar has been serving Amsterdam on the same route as Thalys.

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Market Context

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US