BGN Entrepreneur

National Express has been ousted from the competition to run the East Anglia train service, dealing a heavy blow to the transport group’s rail ambitions.
The Department for Transport announced the shortlists for the Greater ANglia and Intercity West Coast train franchises on Thursday, with contenders including European transport companies keep to win significant UK train [...]

An aggressive American hedge fund is attempting to force the board of National Express to put the coach, train and bus businss up for sale.
However, it is known that the management of the £1.3 billion transport group rejected to agree an immediate paln for a tie-up with it British rival–Stagecoach, though Elliott Management, the second-biggest [...]

National Express’s biggest shareholder stepped up its bid to block the troubled bus and rail group’s £360m rescue rights issue by hovering up more shares. Spain’s Cosmen family, led by NatEx deputy chairman Jorge Cosmen, has spent about £4.4m in two share deals since last Friday raising their stake in the group from 18.5pc to [...]

Heavily Indebted bus and rail group confirmed that the story Stagecoach said that it would leave no more than 40pc of the combined group National Express shareholders.
In a statement minutes later, the National Express announced that Stagecoach last night confirmed that the company has invited its recommendations.
Under the terms of the rules of the Commission [...]