Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

First advances plan to sell-off UK bus business

Buses

06 December 2019
FirstBus: break-up?
FirstBus: break-up?

 

FirstGroup’s preference to sell its UK and Ireland bus business as one entity or as three of four geographic businesses does not necessarily spell  the end of local authority interest in purchasing parts of the business, LTT understands.

Discussing the proposed sale of its UK bus division last month, First chief executive Matthew Gregory told analysts the “most likely way forward is the sale of the business either as a whole or three or four large geographically aligned...

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