Renationalization of Railtrack? Case Solution
Railtrack faces insolvency five years after its privatization. Railtrack 's performance deteriorated since its privatization in 1996, demonstrated unsatisfactory services, by its weakening fiscal well-being, lousy safety record, and mismanaged investment plan.In October 2001, the U.K. authorities determined to place the business in management. What had gone wrong with privatization in the case of Railtrack? What options were there for the government is posted by Railtrack?
This is just an excerpt. This case is about GLOBAL BUSINESS
PUBLICATION DATE: January 14, 2002 PRODUCT #: 702032-PDF-ENG
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