(19 Oct 2023, 9:04 am)Andreos1 wrote https://www.ft.com/content/ec540389-37eb...222106cb62

They're planning quite the investment.

I'm not convinced. Same firm that were after First Group last year.

These private equity firms tend to not do things for the greater good of the public. We often talk about 'operators' being at the whim of their shareholders, but these firms are on another level. They'll want a return at all costs, so I think we'll see some severe asset stripping.

(19 Oct 2023, 9:24 am)Storx wrote I might aswell say it before someone else does, wonder if they go for more areas if they would seriously consider taking over GoNorthEast.

It's a complete basket case, as it is, and Arriva has never had a presence in it's home city (which it would gain from doing so).

I seriously wouldn't be surprised if GoAhead want shot of it before long as it's clearly going nowhere under them. Apart from the Coast Road and Peterlee to Sunderland, there's not really much overlap nowadays.

Can't we have a thread that isn't about Go North East?