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 ...
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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 ...
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 ...
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.
Bus routes between Coventry and Warwickshire are changing in the new year in a move to keep the network "fit for the future", ...
LONDON, Oct 23 (Reuters) - British bus and rail operator National Express has said it wants to raise cash in a share sale to cut debt, but analysts believe that could change if a takeover approach by ...
National Express would own around 75% of the combined group and Stagecoach shareholders around 25% under terms of the possible deal. National Express has unveiled plans for a potential all-share ...
From Friday January 2, Stagecoach will take over a number of routes in the Coventry, Nuneaton, Bedworth and Rugby areas ...
National Express plans to resume dividend payouts in 2022 as the bus and train operator forecast revenue this year to inch close to pre-pandemic levels as travel activity recovers. The company, whose ...
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