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The Latest Breaking News from FirstGroup

FirstGroup reject American takeover bid for being too low

TRANSPORT firm FirstGroup has rejected a £1.2 billion takeover proposal from an American serial suitor for being too low.

The National (Scotland)

FirstGroup rejects £1.2bn takeover bid from US equity firm

FirstGroup rejects £1.2bn takeover bid from US equity firm

Operator of GWR and South Western Railways says proposal fails to reassure investors

The Guardian - UK

FirstGroup rebuffs £1.2 billion takeover approach

FirstGroup rebuffs £1.2 billion takeover approach

Board believes the 118p-a-share upfront cash part of I Squared Capital Advisors' bid 'significantly undervalues future prospects'

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New managing director for Hull Trains after second departure in a year

FirstGroup to unite its East Coast Main Line non-franchise businesses as David Gibson takes senior leadership role away from rail

Birmingham Post

Threat to bin Twitter deal over bots makes Elon Musk look like a time-waster

If Musk was truly worried about how Twitter measures the bots on its site he could have asked before he signed the deal

The Guardian - UK

UK train operator FirstGroup considering £1.2bn takeover

Aberdeen-based firm considering approach by US private equity firm I Squared Capital Advisors

The Guardian - UK

FirstGroup receives 'unsolicited' £1.2bn take over bid

The board has unanimously rejected all previous acquisition approaches

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First Group appoints Graham Sutherland as its new chief executive

First Group appoints Graham Sutherland as its new chief executive

Sutherland was appointed to the position of chief executive on 16 May and has held numerous leadership roles in the telecommunications sector

Covid's impact on Hull Trains laid bare as £30m in revenues derailled leading to a £10m loss

Covid's impact on Hull Trains laid bare as £30m in revenues derailled leading to a £10m loss

FirstGroup company has had to face up to a 92.4 per cent loss in income and doesn't anticpate a return to the black this year

Birmingham Post

Prosecutions launched over Croydon tram crash

Prosecutions launched over Croydon tram crash

The Office of Rail and Road said it is prosecuting Transport for London, FirstGroup-owned Tram Operations Limited and driver Alfred Dorris.

The Independent UK

FirstGroup de-risks $147 million of Greyhound liabilities

FirstGroup de-risks $147 million of Greyhound liabilities

Scottish transport group also sells more of the US coach company's properties, making around $32m

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