National Express says Stagecoach offer creates 'superior value creation opportunity'
17th Mar 2022 07:51
(Sharecast News) - Coach operator National Express said on Thursday that its proposed £1.9bn all-share combination with Stagecoach represented "a superior value creation opportunity" when compared to an offer from German infrastructure fund DWS.
Read moreLiberum slashes National Express price target
14th Mar 2022 08:39
(Sharecast News) - Liberum slashed its price target on National Express on Monday to remove upside from the Stagecoach deal, which has fallen through.
Read moreNational Express delivers improved FY performance as demand recovers
10th Mar 2022 07:07
(Sharecast News) - Public transport operator National Express said on Thursday that full-year revenue, underlying earnings and pre-tax profits had all improved year-on-year in 2021 as demand for its services recovered "significantly" during the period.
Read moreNational Express out of the running as Stagecoach agrees takeover by DWS
9th Mar 2022 07:56
(Sharecast News) - Stagecoach said on Wednesday that it no longer plans to recommend a £470m takeover by National Express, after agreeing to be bought by an infrastructure fund managed and advised by DWS Infrastructure, in a £594.9m deal.
Read moreRegulator to probe National Express-Stagecoach merger
26th Jan 2022 10:30
(Sharecast News) - The competition watchdog is to investigate the proposed £1.9bn merger of National Express and Stagecoach, it was confirmed on Wednesday.
Read moreBerenberg upgrades Restaurant Group, downgrades Wetherspoons
6th Jan 2022 13:46
(Sharecast News) - Berenberg reviewed its ratings on a number of leisure stocks on Thursday from pubs to restaurants and travel firms.
Read moreNational Express buys Stagecoach for £468m
14th Dec 2021 12:03
(Sharecast News) - National Express has agreed to buy Stagecoach in a deal the combines two of Britain's biggest public transport operators in the wake of the pandemic.
Read moreStagecoach sells intercity services as merger deadline looms
14th Dec 2021 09:43
(Sharecast News) - Stagecoach has agreed to sell Megabus and two other intercity coach services for £8.75m to head off potential competition barriers to its proposed merger with National Express.
Read moreStagecoach profit jumps but business softens
8th Dec 2021 07:58
(Sharecast News) - Stagecoach's first-half profit rose sharply as the bus and coach operator's business revived but it said bad weather and changing Covid-19 guidance had caused business to soften.
Read moreNational Express receives extension for Stagecoach takeover deadline
16th Nov 2021 08:01
(Sharecast News) - Public transport operators Stagecoach and National Express said on Tuesday that the deadline for their potential merger had been extended to 14 December, with reciprocal due diligence now at an advanced stage as "constructive discussions" between the pair regarding the possible all-share combination continued.
Read moreNational Express given more time for Stagecoach bid
18th Oct 2021 08:00
(Sharecast News) - UK bus and train operator National Express has been given until November 16 to make a bid for rival Stagecoach, the two companies said on Monday.
Read moreNational Express moves closer to pre-pandemic revenue levels
14th Oct 2021 09:09
(Sharecast News) - National Express reported a "sequential improvement" in performance in the third quarter on Thursday, with revenue up to 83% of the equivalent period ore-pandemic in 2019 on a constant currency basis, compared to 76% in in the second quarter.
Read moreNational Express in merger talks with Stagecoach
21st Sep 2021 07:25
(Sharecast News) - Transport operator National Express confirmed on Tuesday that it is in talks with rival Stagecoach about a possible merger.
Read moreLiberum cuts target on National Express, still confident on public transport recovery
6th Aug 2021 15:21
(Sharecast News) - Analysts at Liberum lowered their target price on shares of National Express in anticipation of a more gradual earnings recovery through to 2023.
Read moreLiberum cuts target on National Express, still confident on public transport recovery
6th Aug 2021 15:21
(Sharecast News) - Analysts at Liberum lowered their target price on shares of National Express in anticipation of a more gradual earnings recovery through to 2023.
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