The British entrepreneur and billionaire Richard Branson's company Virgin Group wants to establish itself on the stretch where Eurostar has had a monopoly for 30 years, writes the newspaper Financial Times.
The company is thus taking in 300 million pounds in a new share issue in combination with loans of 400 million euro to finance the venture, according to FT.
In addition to traffic between Paris and London, it is intended that Virgin Group will also be able to offer train journeys to and from Amsterdam. The hope is that the business will be able to get underway in 2029.
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