British bus and rail operator StageCoach on Wednesday backed a 594.9 million pound ($780 million) takeover offer from a European infrastructure fund that trumps a bid by rival National Express. Adds ...

LONDON (Reuters) – British bus and rail group Stagecoach (SGC.L) has made a 1.65 billion pound ($2.7 billion) all-share merger proposal to rival transport operator National Express (NEX.L), The Sunday ...

The deal would give Stagecoach investors 25% of the combined business, creating a transport powerhouse with a value of around £1.7 billion. The offer represents an 18% premium on Monday’s closing ...

The two firms agreed an all-share merger last month in a deal that will create a combined group worth about £1.9bn. The £1.9 billion merger between National Express and Stagecoach is being ...

LONDON, Oct 19 (Reuters) - British bus and rail operator Stagecoach's proposed takeover boosted shares in rival National Express but gains were capped by fears that regulatory hurdles and debt ...

Unions have warned of 'huge uncertainty' for staff over a planned merger between Stagecoach and National Express - despite reassurances from bosses that they 'expect' front line roles to be safe.