First Group Speculation
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RE: First Group Speculation
The sale of most London bus operations will net First ca £80m, taking them near their £100m target. According to omnibuses.blogspot.com they had no bidders for Northampton (Stagecoach may have refrained from bidding for the likely blocking by the OFT) nor Somerset (maybe Stagecoach ditto). I wonder whether First had discussions with many other companies regarding London, so may resume discussions with them regarding potential other operations later this year? |
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