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.
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 […]
ADL considers a takeover after Optare refinancing agreement is announced Ashok Leyland has increased its stake in Optare plc to 75.1% as part of a refinancing agreement. Optare approved the deal conditional to the outcome […]
National Express has bought student bus company Petermann Partners, the fifth-largest provider of student transportation in the USA, in a $200m deal from Macquarie, and expects to complete the deal in the fourth quarter of […]