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Secretary of State for Transport, Sir George Young, today confirmed that the sale of the last of the three passenger rolling stock leasing companies had been completed. Eversholt Leasing has been sold to the Eversholt management and a consortium of institutional investors led by Candover Partners Limited.
NOTE TO EDITORS
1.Contracts for the sale of the three companies - Porterbrook, Angel and Eversholt were announced on 9th November 1995 (see Department of Transport press notice 360/1995 for details).