Network Rail agreed to pay LCR £80m for the right to operate and maintain HS1 on LCR's behalf once complete. CTRL completion Section 1 of the Channel Tunnel Rail Link was completed in September 2003 and handed over by Union Railways (South) to London and Continental Railways. Eurostar services started using Section 1, leading to international journey reductions of approximately 20 minutes. In March 2006, LCR shareholders rejected a takeover bid led by businessman Adrian Montague. Shortly afterwards, the Office for National Statistics reclassified LCR as a public corporation due to LCR's reliance on government funding and the resulting high levels of influence the government enjoyed over the company. The Channel Tunnel Railway Link was finally finished when Section 2 was completed and handed over by Union Railways (North) to LCR. In November 2007, the full length of the line was opened to the public, rebranded as High Speed 1 (HS1) with Eurostar trains operating international train services from St Pancras railway station, and a further 20-minute journey time reduction. Nationalisation Following the Channel Tunnel Rail Link (Supplementary Provisions) Act 2008, the Department for Transport took direct ownership of LCR in June 2009 for a nominal price. This was possible due to the company's dependence on £5.1bn of government-guaranteed debt, and the government's special share in LCR giving it a wide range of control over the business. The government stated it planned to sell off LCR's assets, such as EUKL and HS1, as individual companies to recoup some of the large amounts of government money paid to LCR since 1998. Eurostar restructuring On 31 December 2009, EUKL was renamed Eurostar International Limited (EIL). On 1 September 2010, the three national Eurostar operators merged into a single company with a single management structure. Following this change, the ICRR management contract for the UK business was terminated. All Eurostar assets were transferred to EIL, with LCR's holding in the new company becoming 40%. The remaining shares were held by SNCF (55%) and SNCB (5%). High Speed 1 concession In November 2010, a 30-year concession to own and operate HS1 was sold to a Canadian consortium of Borealis Infrastructure and Ontario Teachers' Pension Plan for £2.1bn. BRB (Residuary) assets Following the abolition of BRB (Residuary) Limited (BRBR) on 30 September 2013, LCR took ownership of a number of former British Rail offices in Croydon, Derby, Manchester and Birmingham, as well as sites in