Transdev Veolia Merger

[Deleted]

Has the Transdev Veolia meger gone through yet or are they still talking ?

[Deleted]

Nov 13, 2009 18:40:16 GMT bob said:

Has the Transdev Veolia meger gone through yet or are they still talking ?

Not gone through yet ... expected Q1 next year

[beaver14uk]

Does this affect London?

Nov 13, 2009 23:06:05 GMT @steve517757 said:

Nov 13, 2009 18:40:16 GMT bob said:

Has the Transdev Veolia meger gone through yet or are they still talking ?

Not gone through yet ... expected Q1 next year

[Deleted]

Dec 8, 2009 13:38:48 GMT beaver14uk said:

Does this affect London?

Nov 13, 2009 23:06:05 GMT @steve517757 said:

Not gone through yet ... expected Q1 next year

If it goes ahead as planned it will affect all Transdev passeneger operations globally

[Deleted]

How

[Deleted]

Dec 8, 2009 19:35:15 GMT @jakehn54 said:

How

They will then be run by Veolia?!?!?

[snowman]

Some more details here on proposed merger, framework aagreement was agreed yesterday in Paris

www.railwaygazette.com/news/single-view/view/10/veolia-and-transdev-announce-merger-framework.html

[snowman]

Another step in proposed merger has taken place with some French competition approval and the signing of definative agreements, but will still take a few months to sort the share holdings and get formal approval, it could be 2012 before an Initial public offer of shares

www.veolia.com/en/medias/press-releases/signing-veolia-transdev.htm
uk.reuters.com/article/idUKLDE64411Q20100505?feedType=RSS&feedName=tnBasicIndustries-SP

[Deleted]

May 5, 2010 20:55:46 GMT snowman said:

Another step in proposed merger has taken place with some French competition approval and the signing of definative agreements, but will still take a few months to sort the share holdings and get formal approval, it could be 2012 before an Initial public offer of shares

www.veolia.com/en/medias/press-releases/signing-veolia-transdev.htm
uk.reuters.com/article/idUKLDE64411Q20100505?feedType=RSS&feedName=tnBasicIndustries-SP

Coincides with the RATP announcement :-

business.timesonline.co.uk/tol/business/industry_sectors/transport/article7117471.ece

So presumably the Harrow and Edgware operations are now officially seperate from the rest

Wonder if it will be called London RAT?

[snowman]

Wonder why London Sovereign wasn't included in the merger.

If they didn't want this are they likely to buy anything else to expand ?

Also wonder what the future will be for Harrow and Edgware, will someone else buy them ?
Virtually all Harrow's routes are up for renewal in 16 months
BT only has 4 routes (although they are safe for a few years)

I expect SO will hire London United's DPS fleet until contract expiry Sept2011
there is also 7 enviro 200s DE50-DE56 bought for route 324 (which didn't happen)

BT's fleet is more interesting as it includes common purchases with London United (except VLP)
28 omnideckers SLE1-6, SLE21-42 mainly for route 13 (contract started Aug 2008)
13 vykings VLE27-39 for route 114 (also uses some SLE) (contract started Sep 2009)
20 omnicitys SP68-87 for route 183 (contract started Sep 2009)
10 Presidents VLP18-27 for route 292 (contract started Dec 2008)

plenty of potential for swapping some fleets before the formal split (does BT really want four types), wouldn't it be better to give them all 64 SLE and give LU the VLE and SP, presumably TfL have to agree to transfer anyway so accepting changes could also be requested

[Deleted]

May 6, 2010 19:46:55 GMT snowman said:

Wonder why London Sovereign wasn't included in the merger.

If they didn't want this are they likely to buy anything else to expand ?

Also wonder what the future will be for Harrow and Edgware, will someone else buy them ?
Virtually all Harrow's routes are up for renewal in 16 months
BT only has 4 routes (although they are safe for a few years)

I expect SO will hire London United's DPS fleet until contract expiry Sept2011
there is also 7 enviro 200s DE50-DE56 bought for route 324 (which didn't happen)

BT's fleet is more interesting as it includes common purchases with London United (except VLP)
28 omnideckers SLE1-6, SLE21-42 mainly for route 13 (contract started Aug 2008)
13 vykings VLE27-39 for route 114 (also uses some SLE) (contract started Sep 2009)
20 omnicitys SP68-87 for route 183 (contract started Sep 2009)
10 Presidents VLP18-27 for route 292 (contract started Dec 2008)

plenty of potential for swapping some fleets before the formal split (does BT really want four types), wouldn't it be better to give them all 64 SLE and give LU the VLE and SP, presumably TfL have to agree to transfer anyway so accepting changes could also be requested

It seems Transdev have kept the former Blazefield companies and RATP got the rest ... it maybe to do with how they are represented in the accounts. Just a suggestion.

Was not the formal split yesterday?

[Deleted]

Interesting stats about the operation acquired by RATP ... taken from article in today's route one, and yes the separation is done and dusted now. The operations in NW London are no longer associated with the West and SW London operations.

Former NCP has 90 leased Buses.
London United 289 owned buses and 506 leased.

No details quoted for the Sovereign business retained by Transdev.