Article: Sea Containers' GNER Holdings Subsidiary Selected To Bid for Largest U.K. Rail Franchise, South West Trains.

HAMILTON, Bermuda, Aug. 17 /PRNewswire/ --

The Shadow Strategic Rail Authority in the U.K. announced today that three parties have been selected to bid for Britain's South West Trains franchise: Stagecoach Holdings (the incumbent franchisee), FirstGroup plc in association with the Dutch Railways, and GNER Holdings, Sea Containers' wholly-owned subsidiary which holds the Great North Eastern Railway franchise.

The South West Trains network is composed of three parts: London inner suburban, London outer suburban and long distance trains from London to the southwest coast. The train service as operated by Stagecoach has a poor reputation. Trains are often ...

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