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Channel Tunnel operator Getlink welcomes investment in it from Eiffage

Reuters
·1-min read
The logo of French construction group Eiffage is seen at a construction site in Paris

PARIS (Reuters) - Channel Tunnel operator Getlink welcomed on Thursday the new investment in it by French construction group Eiffage, which would make Eiffage the largest shareholder in Getlink.

On Wednesday, Eiffage said it signed a deal to buy from TCI Fund Management Limited a 13.71% stake in Getlink, which would give Eiffage an 18.79% stake in Getlink.

"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 providedsuch significant support for our positioning as an environmentalinvestment," said Getlink chairman Jacques Gounon.

(Reporting by Sudip Kar-Gupta; Editing by Muralikumar Anantharaman)