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Acquisitions, Bus, Mayor of London, Performance, Go Ahead, London Bus, Other, Transport for London, Greater London
Has Go Ahead grabbed itself a capital bargain?
It was largely to be expected when last month Transport for London made the decision to sell its in-house bus operator, East Thames to Go Ahead Group for £5m
in cash. To many in the industry it looks like the group has bagged a bargain, especially when compared to the recent £32m fire sale by National Express of its own London bus business to NedRailways.
In the world of a Conservative London mayor, East Thames was something of an anathema. The business was created as a result of...
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