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GLG News by Council Members Knowledgeable about Legal, Regulatory and Economic Issues Affecting the Rail and Trucking Industries in the UK

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December 2, 2008
A Real Challenge To The Proposed Lloyds TSB/HBOS Merger
Analysis of: Scottish Group Files Legal Challenge to Lloyds’s HBOS Takeover | www.bloomberg.com
Author: GLG Expert Contributor
This is a serious challenge to the merger.  It is nothing like the previous attempts by various Scottish grandees to engineer an alternative deal for HBOS. The Competition Appeal Tribunal has a good record of hearing urgent merger cases quickly, and is unlikely to be affected...
December 15, 2006
Probably a reasonably satisfactory end of the line for GNER
Analysis of: Competition commences for operator of InterCity East Coast franchise | www.dft.gov.uk
Author: GLG Expert Contributor
UK Government announcement that GNER's passenger rail concession is to be terminated within 12 to 18 months.No financial information is disclosed.  But the deal is probably relatively good news (in a set of bad circumstances) for GNER and its parent company Sea Containers.  They appear likely...

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