News Blog for the Essex Rail Users Federation - www.eruf.org
Sunday, 25 October 2009
Stagecoach Prepares Bid For National Express
It is reported that Stagecoach is putting the final touches to bank financing to launch a takeover bid of National Express. It is understood that Stagecoach has between £300m and £400m of finance ready to buy National Express and it is thought that they make a move in the coming week.