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FirstGroup may withdraw plan to sell UK bus businesses

Buses

Andrew Forster
24 January 2020
 

FirstGroup could abandon the sale of its UK bus businesses and instead sell off its North American businesses. 

The company has appointed advisors to review all options for the North American businesses, which will allow the board to compare the merits of selling them off versus selling off the UK bus business.

FirstGroup announced the plan to dispose of its UK bus businesses last summer, along with its North American coach operator Greyhound (LTT 07 Jun 19). At the time said it would...

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