Eurostar stake to be sold by UK government to Patina Rail LLP

The UK government has announced that it is selling its 40% stake in the cross-Channel train operator Eurostar to an Anglo-Canadian consortium for £757.1m.

Under the deal, Patina Rail LLP will acquire the UK Treasury's entire share of the high-speed rail service.

The French and Belgian national railways continue to own the rest.

The BBC's transport correspondent Richard Westcott reports.