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Title: Stagecoach 'to take over' National Express' rail and bus operations. Post by: RailCornwall on September 03, 2009, 15:24:47 Agreement has been reached with the new bidder for National Express - Spain's Cosmen family - which owns an 18.5% stake - together with private equity firm CVC that has offered 500p a share, up from an earlier bid of 450p to buy NE, for Stagecoach to buy National Express's bus and rail operations from the consortium if a deal went through.
more ... BBC News (http://news.bbc.co.uk/1/hi/business/8236388.stm) National Express have noted the offer but have yet to either accept or reject it. This page is printed from the "Coffee Shop" forum at http://gwr.passenger.chat which is provided by a customer of Great Western Railway. Views expressed are those of the individual posters concerned. Visit www.gwr.com for the official Great Western Railway website. Please contact the administrators of this site if you feel that content provided contravenes our posting rules ( see http://railcustomer.info/1761 ). The forum is hosted by Well House Consultants - http://www.wellho.net |