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 ...
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 ...
The two firms agreed an all-share merger last month in a deal that will create a combined group worth about £1.9bn. The £1.9 billion merger between National Express and Stagecoach is being ...
Unions have warned of 'huge uncertainty' for staff over a planned merger between Stagecoach and National Express - despite reassurances from bosses that they 'expect' front line roles to be safe.
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Stagecoach is now backing a sale to investor DWS Infrastructure for 105p a share in cash and has pulled its support for the National Express tie-up. Transport firm Stagecoach has backed a £595 million ...
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