First Group falls after I Squared says it will not table a firm offer

16th Aug 2022 16:10

(Sharecast News) - First Group shares came under strong selling pressure after its private equity suitor had pulled out from its bid.

Read more

Berenberg slightly raises target price on Firstgroup

9th Aug 2022 10:13

(Sharecast News) - Analysts at Berenberg slightly raised their target price on public transport operator Firstgroup from 150.0p to 160.0p on Tuesday, stating the group was "worth stumping up for".

Read more

FirstGroup trades in line YTD

27th Jul 2022 08:12

(Sharecast News) - Public transport services operator FirstGroup said on Wednesday that its overall year-to-date trading performance had been in line with internal expectations, with the group now expecting to make "significant further progress" in the current financial year.

Read more

Takeover Panel extends deadline for I Squared to make bid until 18 August

21st Jul 2022 17:26

(Sharecast News) - The Takeover Panel has granted FirstGroup an extension of the deadline for I Squared to declare its firm intent to table a takeover bid or walk away.

Read more

Don't even try taking a train next week, says Network Rail

15th Jun 2022 15:01

(Sharecast News) - Don't travel by train unless you absolutely need to, was the advice given on Wednesday ahead of record-large railway strikes next week, with around half of all routes set to be shuttered on three separate days.

Read more

FirstGroup reinstates dividend as profits rise

14th Jun 2022 07:04

(Sharecast News) - Rail and bus operator FirstGroup, which last week rejected a £1.23bn takeover approach, reported higher adjusted operating profits and reinstated its dividend as travel recovered from the Covid pandemic.

Read more

RBC hikes First Group target price, says I Squared offer undervalues company

6th Jun 2022 14:27

(Sharecast News) - Analysts at RBC hiked their target price for shares of First Group on the back of improved estimates for the company's UK bus and rail franchise.

Read more

I Squared bid for FirstGroup not enough for some large shareholders

6th Jun 2022 09:19

(Sharecast News) - The possible takeover of FirstGroup by an American private equity firm was called into question on Monday morning, with some of its biggest shareholders saying the offer was "falling short".

Read more

FirstGroup evaluating takeover proposal from I Squared, shares surge

26th May 2022 09:04

(Sharecast News) - FirstGroup surged on Thursday as it said it was evaluating a takeover offer from private equity firm I Squared, which owns Irish energy supplier Energia.

Read more

FirstGroup names Graham Sutherland chief executive

20th Apr 2022 08:07

(Sharecast News) - FTSE 250 bus and rail operator FirstGroup has appointed Graham Sutherland as its chief executive.

Read more

FirstGroup trades in line despite temporary disruption from travel restrictions

25th Feb 2022 07:26

(Sharecast News) - Public transport provider FirstGroup said on Friday that current trading was in line with internal expectations, despite recent Omicron-related travel restrictions temporarily reducing demand levels.

Read more

FirstGroup warns of uncertain recovery amid fresh Covid restrictions

9th Dec 2021 09:32

(Sharecast News) - Bus and rail operator FirstGroup warned of uncertainty around the pace of recovery on Thursday, amid fresh developments in the pandemic.

Read more

Firstgroup proposes £500m tender offer

27th Oct 2021 08:46

(Sharecast News) - Transport company Firstgroup has proposed a tender offer to return as much as £500.0m to shareholders.

Read more

FirstGroup fully exits North America with $172m Greyhound sale

21st Oct 2021 07:47

(Sharecast News) - FirstGroup announced the sale of Greyhound Lines to a wholly-owned subsidiary of FlixMobility on Thursday, completing its stated strategy to focus on its UK public transport businesses.

Read more

FirstGroup buys out Hinkley C worker transport joint venture

4th Oct 2021 08:09

(Sharecast News) - FirstGroup announced on Monday that its wholly-owned subsidiary First South West has acquired the remaining 50% shareholding in its Somerset Passenger Solutions (SPS) joint venture.

Read more