September 7, 2007 / 7:16 AM / 11 years ago

Go-Ahead interested in Chiltern Railways bid - CEO

LONDON, Sept 7 (Reuters) - British bus and rail operator Go-Ahead Group (GOG.L) is interested in bidding for Chiltern Railways when the auction begins later this month, its chief executive said on Friday.

Fund manager Henderson HGI.L, Chiltern’s owner, expects to start the sale of the railway, which is seen fetching over 80 million pounds ($161 million), before the end of this month, industry sources say.

“Absolutely, we’re interested,” Chief Executive Keith Ludeman told Reuters after announcing the group’s year results. “It would fit well with our strategy of focusing on commuter services in London and the southeast. We’ll have a look at it.”

He said there would be some synergies with the West Midlands rail franchise, which Go-Ahead’s Govia unit will start running in November until 2015.

Other bidders for Chiltern are expected to include Britain’s Arriva ARI.L and Stagecoach Group (SGC.L), Germany’s Deutsche Bahn [DBN.UL] and French bus and rail operator Keolis.

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