Stagecoach taking over Wessex services in Bristol

[Winston]

RE: Stagecoach taking over Wessex services in Bristol

(22/07/2018 10:49)rod_259 Wrote:  They won’t get much for Wessex and the rumours, some time ago, was that Rossi might have been a target but Trasdev picked them up. Not sure where they would go next, maybe D&G or anther similar sized company or maybe independents in Merseyside?

The Stagecoach / Rotala transaction was not material, hence why no RNS was released to the London Stock Exchange. They have however, already agreed a sale on Wessex's Avonmouth depot to another party (planning in/going in for a change of use i.e. not as a bus depot).
Rosso was not the takeover target they raised funds for last year, therefore, that proposed acquisition could still happen in the future.