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Financial

First raises £640m through rights issue

CEO also waives bonus for second year running as firm attempts to tackle £2bn debt burden FirstGroup has revealed it has raised almost £640m following a discounted share placing of 723 million shares.

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Bus News

First London sale update

First has announced that from June 22, 11 routes at its Dagenham Depot will be transferred to Go- Ahead and thence operated from its Rainham Depot.

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Financial

First and NX shares in the spotlight

First shares suffer after poor financial results and rights issues, while confidence grows in National Express after Elliott Advisors sells stake Shares in FirstGroup and National Express have hit the headlines in the past week […]