First Manchester

[Nwales Bus]

RE: First Manchester

(19/02/2019 08:24)gilesbus1 Wrote:  Well its for sure they won't keep both Oldham and Bolton as the bases are too far apart. My guess is that a buyer for Bolton will appear in the coming days were as Oldham might have the potential transfer to First West Yorkshire for now.

Presume that this sale has been concluded now because its more profitable that the other two depots and that terms could b reached for an acceptable price that's acceptable to FirstGroup, the other two depots must not be quite there yet.

These planned sales have been in the planning for weeks, an announcement of intent of sale, only informs shareholders of changes, this would offset a drop in share price following sale

Now that the main sale of Queens Road is now public, Oldham and Bolton details should be published soon