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Eurotunnel sells ferries to rival

2015-06-08 34 Dailymotion

Eurotunnel, the operator of the Channel Tunnel between England and France, is selling its Calais to Dover ferry business to its Danish rival DFDS. This follows a long antitrust dispute with the UK’s competition regulator.<br /><br /> The loss-making ferry service was put up for sale earlier this year after it failed to overturn a ban on it operating the sea route.<br /><br /> Eurotunnel had wanted to sell the business to workers’ cooperative, SCOP SeaFrance, however they failed to secure enough backing to submit an offer. <br /><br /> The final price paid has not been disclosed.<br /><br /> MyFerryLink employs around 600 people and has about 12 percent of the cross-Channel market.

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