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 ...
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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 ...
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 ...
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, 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 (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 (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 ...