Eiffage to acquire a 13.71% stake in Getlink from TCI Fund Management for $1.19bn.

Eiffage, a construction engineering company, agreed to acquire a 13.71% stake in Getlink, a railway equipment company, from TCI Fund Management, a private equity firm, for $1.19bn. “This strengthening of the Eiffage position is the logical continuation of the interest they have shown in the very high quality Getlink asset since 2018. I am delighted to welcome Eiffage as a major shareholder and would like to thank TCI for having supported our strategic objectives and, in particular, for having provided such significant support for our positioning as an environmental investment,” Jacques Gounon, Getlink Chairman.