British bus and rail operator StageCoach on Wednesday backed a 594.9 million pound ($780 million) takeover offer from a European infrastructure fund that trumps a bid by rival National Express. Adds ...
Transport group Stagecoach has ditched its support for a £1.9 billion merger with National Express and agreed to a higher rival £595 million takeover (PA Archive) A £595 million approach tabled today ...
LONDON (Reuters) – British bus and rail group Stagecoach (SGC.L) has made a 1.65 billion pound ($2.7 billion) all-share merger proposal to rival transport operator National Express (NEX.L), The Sunday ...
Transport firm Stagecoach has backed a £595 million takeover by German investment group DWS, scuppering plans by National Express for a £1.9 billion tie-up with the bus giant. Stagecoach said it is ...
-British bus and rail operator StageCoach on Wednesday backed a 594.9 million pound ($780 million) takeover offer from a European infrastructure fund that trumps a bid by rival National Express.
Stagecoach shares have rallied by almost 20% after it revealed talks over a potential all-share takeover by rival National Express. The potential tie-up would result in cost savings and provide new ...
National Express said it was concerned that a Stagecoach deal could not be completed before Christmas – when it faces £5m in penalty interest payments on the debt pile. There was also a risk that ...
Perth-based transport group Stagecoach yesterday said it is in talks to pick up parts of beleaguered National Express in a move that could see it extend its influence over the UK bus market. The ...
LONDON, Oct 19 (Reuters) - British bus and rail operator Stagecoach's proposed takeover boosted shares in rival National Express but gains were capped by fears that regulatory hurdles and debt ...
Stagecoach and National Express are among the companies introducing the single fare limit in England but outside London. Backed by £60 million of Government funding, the cap will be introduced in ...
LONDON (MarketWatch) -- U.K. bus and rail operator Stagecoach Group said Monday that it is in talks with the consortium that has made a preliminary approach to buy rival National Express . Stagecoach ...
LONDON (Reuters) - Bus and rail group Stagecoach confirmed on Sunday it had approached rival National Express about a possible merger. The confirmation followed a report about the planned all-share ...
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