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FirstGroup sells Wigan bus business to Stagecoach

09 November 2012
 

FirstGroup has sold its Wigan bus business to Stagecoach as part of its drive to raise £100m from sales in its bus operations.

The sale includes Wigan bus depot, leased premises at Wigan bus station, around 120 vehicles and the transfer of approximately 300 employees to Stagecoach for the sum of £12m.

The operator said the sale was part of its stated strategy “to reposition our UK Bus Division to focus on those areas that offer the greatest potential for growth” whilst...

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