Eurotunnel puts its ferry business up for sale after competition appeal fails
Group is confident of finding a buyer for MyFerryLink as tribunal upholds ruling that it stop operating out of Dover
Eurotunnel has admitted defeat in its battle to keep its cross-channel ferry business and has put MyFerryLink up for sale after failing to overturn a competition ruling for the second time.
The Competition Appeal Tribunal upheld a decision that MyFerryLink should stop operating out of Dover within six months. Combined with tunnel traffic, Groupe Eurotunnel had just under half of all cross-channel custom.
Source: Guardian Transport