THE board of French National Railways (SNCF) has approved the purchase of shares in public transport operator Keolis held by the three other shareholders - Axa Private Equity, CDPQ, and Pragma, thereby increasing SNCF's stake in the company to 70%.
THE French Ministry of Transport has approved the route for two new high-speed lines totalling 417km that will serve the southwest of the country. The lines will extend the Sud-Europ Atlantique high-speed line, currently under construction between Tours and Bordeaux, southeast to Toulouse and south to Hendaye on the Spanish border.
