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Dalmore and Equitix – Acquisition of ROSCO stake in the UK

Dalmore and Equitix have agreed to acquire 3i Infrastructure’s 33.3% stake in the rolling stock program for the Thameslink rail franchise, their fourth successful joint bid in less than a year. The estimated proceeds will be circa GBP 333m. The rolling stock programme, also known as XLT, is one of the largest single rolling stock fleets in the UK and was established in 2011 to finance, own and maintain 115 trains