Higher Takeover Offer for Transport Group

Summary


Transport group National Express says it is mulling an increased takeover offer from its biggest shareholder worth almost Pounds 700 million.

Spain's Cosmen family, which owns 18.5 per cent of National Express, has been working with buy-out firm CVC on the potential deal.

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Extract


Higher Takeover Offer for Transport Group

The board of the rail and coach firm is weighing up the...

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