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Business Comment Lead Story: Issue 355 6 Feb 2009

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Acquisitions, Bus, Coach, Rail, National Express, Other, All of UK, Europe

Will the Cosmens buy and break up National Express?

Two months ago, Transit posed the question: What do the Cosmen family really want? According to well-placed sources at National Express Group, they might want the company.

The speculation has been triggered by Jorge Cosmen’s recent investment activity, which has raised his family’s shareholding to nearly 19%, and by NEG’s financial outlook, which is starting to look decidedly rocky. Analysts forecast that the looming slump at National Express East Coast will turn the flagship...

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