National Express snubs takeover talks with First Great Western group

Western MailJune 30, 2009

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Summary


FIRST Great Western parent, FirstGroup, yesterday said that struggling rival National Express had snubbed an approach over a possible takeover.

Aberdeen-based First, the UK's biggest transport firm, said there was a "significant industrial and commercial logic" in a combination of the two companies.

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National Express snubs takeover talks with First Great Western group

National Express is burdened with debts of pounds 1.2bn and attempting...

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