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The Latest Breaking News from National Express

National Express insists Stagecoach merger is ‘superior’ to rival bid

Group believes the 105 pence-per-share bid from DWS “materially undervalues” Stagecoach, but has held back from sweetening its offer

Insider UK

National Express insists Stagecoach merger plans ‘superior’ to rival bid

The group said it believes the 105p-a-share bid from DWS ‘materially undervalues’ Stagecoach, but has held back from sweetening its offer.

The Independent UK

National Express gazumped by DWS in Stagecoach takeover

National Express’ takeover of rival Stagecoach has been gazumped by a Germanasset management.

Evening Standard

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Stagecoach ditches National Express merger in favour of new deal

Transport group is now set to agree new tie up with DWS Infrastructure

Birmingham Post

Stagecoach opts for rival takeover in blow to National Express merger plan

British bus operator makes U-turn on £1.9bn proposal and agrees deal with fund managed by German firm DWS

The Guardian - UK

Stagecoach agrees rival £595m takeover in blow to National Express merger plans

Stagecoach is now backing a sale to investor DWS Infrastructure for 105p a share in cash and has pulled its support for the National Express tie-up.

The Independent UK

National Express’ £1.9bn tie-up with Stagecoach put on ice for merger probe

TRAVEL firm National Express's proposed takeover of smaller rival Stagecoach hit a bump today as the competition watchdog opened a merger investigation.

Evening Standard

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Competition watchdog intervenes in National Express and Stagecoach deal

The regulator's initial enforcement order prevents any UK assets being combined or offloaded

Insider UK

Competition watchdog intervenes in National Express and Stagecoach tie-up

The two firms agreed an all-share merger last month in a deal that will create a combined firm worth about £1.9bn.

The Independent UK

Federal Reserve leaves interest rates on hold, but March rise looks likely – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Company behind National Express site student accommodation plans owes buyers £23.9m

A spokesman for the Mount Group said they still hoped to deliver the city centre scheme

Liverpool Echo

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