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 ...
A surprise deal in the transport sector ignited shares in both National Express and Stagecoach today. Coach operator National Express announced the unexpected bid for rival Stagecoach, the UK’s ...
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 ...
National Express insisted its proposed £1.9 billion merger with Stagecoach is “superior” to the rival bid by German investment group DWS as it sought to win over shareholders. The group said it ...
(Reuters) - UK's StageCoach said on Wednesday it has agreed to be bought by a European infrastructure fund, valuing the bus and rail operator at about 594.9 million pounds ($780 million). By Aby Jose ...
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 ...
Troubled British transport operator National Express could be third-time lucky. Just days after a consortium walked away from a takeover bid for the firm, which followed National Express's rejection ...
LONDON (Reuters) -British transport company National Express is in talks to acquire rival operator Stagecoach Group in an all-share deal, offering scope for cost savings and underpinning their ...
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 ...
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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