Stagecoach Merger Bid ; Talks: National Express Braced for 'New Approaches'

Birmingham Mail › October 19, 2009

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Summary

TRANSPORT groups Stagecoach and FirstGroup were today considering approaches for embattled rival, Birmingham-based National Express, after its pounds 765 million sale talks collapsed last week, according to reports.

Stagecoach was said to be seeking backing from the National Express board this weekend for a pounds 1.7 billion merger proposal.

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Extract

Stagecoach Merger Bid ; Talks: National Express Braced for 'New Approaches'

The operator of South West Trains and East Midlands Trains saw its pl...

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