What would sale of National Express Group mean for its UK BUS operations?
if cvc capital Partners succeeds in its bid for National Express Group, Stagecoach’s “agreement of principles” with CVC puts the Perth-based group in pole position to take control of National Express’s 1,900-vehicle UK bus operation and the Midland Metro light rail system. It’s a prize that Stagecoach chief executive Brian Souter will relish getting his hands on. It will see Stagecoach’s UK bus division reach a fleet size of around 9,000 vehicles, placing it…
