WebMar 9, 2024 · National Express outbid on Stagecoach acquisition as transport group accepts £595m takeover offer from European fund giant Stagecoach bosses said the new offer would protect jobs and pension... WebMay 20, 2024 · DWS tabled a cash offer of 105p per share for Stagecoach, valuing the company at £595 million, in March. The offer usurped an initial offer from National Express, which had seen an all-share merger worth £1.9 billion previously accepted by the Stagecoach board. The National Express offer has now lapsed.
National Express outbid as Stagecoach accepts new £ ... - This is …
WebMar 9, 2024 · A fund managed by DWS Infrastructure has agreed to pay £1.05 in cash for each Stagecoach share — a premium of 54.3% to the Scottish firm’s closing price of 68.05p on September 20, 2024, the last business day before the National Express possible offer announcement, and a premium of 37.2% to the closing price of 76.55 p on March 8, 2024. WebMar 9, 2024 · Stagecoach is pulling a sudden M&A U-turn. The UK bus group on Wednesday said it had agreed to a 595 million pound cash bid from German asset manager DWS , trumping an all-share offer from rival ... ship in ice
Stagecoach ‘agrees’ to rival £595m DWS cash bid
WebJun 28, 2024 · CMC Markets. 28 Jun 2024, 06:00. Bus operator Stagecoach [SGC] is set to delist from the London Stock Exchange by the end of June following its recent £600m … WebJun 2, 2024 · A fund managed by DWS Infrastructure announced in March it agreed to pay £1.05 in cash for each Stagecoach share — a premium of 54.3% to the Scottish firm’s closing price of 68.05p on September 20, 2024, the last business day before the National Express possible offer announcement, and a premium of 37.2% to the closing price of … WebJun 28, 2024 · Bus operator Stagecoach [SGC] is set to delist from the London Stock Exchange by the end of June following its recent £600m acquisition by European … ship in hurricane