look at their statements, annual returns of 23% from john lang.derson has been looking up ways to exit this particular asset, they're looking at selling it to a player in australia and now they are selling shares. before it used to be a big construction player but then it got burned building the millennium stadium in wales. and now they go to sovereign funds that want to invest in infrastructure and then they go to the government in united kingdom and australia and america and say help us do these deals. they have skin in the game, hospitals, wales, roads and criminal justice a 160 million pounds project doing a children's hospital. they help build them and then they help manage them. it is public-private partnerships. >> why have they changed their mind? are they looking at market conditions and thinking, might be better spinning this off? >> i think anderson wants to cash in at the moment. they have been selling certain assets already. they paid about 780 million pounds in 2006 but have managed to make a nice little earning from this company. we

john lange reported over the press but we could see 30% to 40 -- 30 to 40 listings.got train lines where you book your train tickets online. it could be valued at 500 billion pounds. you have a challenger bank that wants to take on rbs barclays. he might be selling shares after they sold it last year. many to come. >> thank you very much. caroline hyde with the latest on the ipo market in london. >> just getting the latest. you will be familiar with the name. david duffy you have been in the position since 2011. he is going to pursue career opportunities overseas. they will start a process to name a new ceo at the end of 2011. the total return two and a quarter percent of his peers. this was a lender bailed out at the height of the financial crisis. it flirted with collapse during the credit crisis, but it did return to profit in the third quarter. it is still state-owned. signs of improvement. for these irish lenders, it is a long haul. >> let's bring you up to speed with one of the stories we are following. hutchison is looking at buying the wireless unit o2 from t

john lang has announced plans for an ipo in london selling the business for 130 million pounds. diverse range of products includes didion's -- stadiums in australia. >> the men's fashion show for ferragamo took place yesterday. the ceo spoke to bloomberg about their strong finish in 2014. >> we closed with a very strong end of the year. net worth in terms of revenue showing growth in all of the markets. >> deutsche telekom plans to increase spending on that works in germany. 27 billion on projects in its home markets. >> 50,000 new jobs in europe this year alone, that is what uber sees as the potential growth in the eurozone. hans nichols joins us. what of you been hearing on the ground? >> there is this traditional debate taking place the between innovators and the regulators. last night, you tried -- you saw uber try to get in front of that debate. >> we want to make 2015 the year where we establish a new partnership with eu cities. we push for progressive regulations and ensure innovation and help build the smart cities of tomorrow. we will promote core city functions. we wil