In 2002 a consortium of GNER and Freightliner attempted to acquire the company, valuing it at around £1 per share, or £8.75 million; GNER sought the passenger trains operations, whilst Freightliner sought the GB Railfreight subsidiary.
•
In July 2003 FirstGroup made a takeover offer for GB Railways, offering £2.50 per share offer, with further deferred consideration of £2.00 if the Greater Anglia Rail Franchise was won and £0.50 if either the Northern Rail or Wales & Borders franchises were won.
Indian Railways | Victorian Railways | South Australian Railways | New Zealand Railways Department | Japanese Government Railways | New Zealand Railways | Japanese National Railways | Regional Railways | Norwegian State Railways | Ministry of Railways | Japan Railways Group | Philippine National Railways | Hornby Railways | Victorian Railways X class | Swiss Federal Railways | Railways Act 1921 | Polish State Railways | British Railways Mark 1 | Royal Bavarian State Railways | Pakistan Railways | Gulf and Ohio Railways | British Railways Board | Russian Railways | Pan Am Railways | Hungarian State Railways | Hellenic Railways Organisation | Cambrian Railways | Australian National Railways Commission | Victorian Railways R class | South Australian Railways Bluebird railcar |