AXA Investment Managers £230 million acquisition of 15% stake in Agility Trains West

Overview:

• AXA Investment Managers has acquired a 15% stake in Agility Trains West for £230 million.
• The target company has worked together with the transport department to develop the Intercity Express Programme, which should replace the ageing fleet of Intercity trains.
• Hitachi Rail Europe will build and maintain the new trains.

Katrin Kostadinova - Data analyst