FirstGroup and MTR Corporation (UK) will jointly bid for the South Western rail franchise. Under the joint venture, MTR Corporation will take a 30% stake.
“Together, FirstGroup and MTR will develop an innovative and value for money proposal that will deliver better connectivity and significant improvements for South Western customers. Our bid will keep people moving and communities prospering across the region,” Steve Montgomery, First Rail Managing Director said.
The companies we were shortlisted in February 2016.
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