Stagecoach & National Express merger
Stagecoach & National Express merger
https://www.bbc.co.uk/news/uk-scotland-s...s-59664368
Little bit of a write up on the changes ahead
Stagecoach agrees rival £595m takeover in blow to National Express merger plans: https://www.independent.co.uk/news/uk/st...31728.html
Hamish Mackenzie, head of infrastructure at DWS, said: “As a long-term investor in essential services with a strong track record in the UK and European transport sectors, DWS Infrastructure will back Stagecoach to rapidly capitalise on the growth opportunities presented by increased public and private investment in UK bus and coach.”
Very interesting move. Asset stripping exercise ahead?
(09 Mar 2022, 8:59 am)Adrian Stagecoach agrees rival £595m takeover in blow to National Express merger plans: https://www.independent.co.uk/news/uk/st...31728.html
Hamish Mackenzie, head of infrastructure at DWS, said: “As a long-term investor in essential services with a strong track record in the UK and European transport sectors, DWS Infrastructure will back Stagecoach to rapidly capitalise on the growth opportunities presented by increased public and private investment in UK bus and coach.”
Very interesting move. Asset stripping exercise ahead?
(09 Mar 2022, 8:59 am)Adrian Stagecoach agrees rival £595m takeover in blow to National Express merger plans: https://www.independent.co.uk/news/uk/st...31728.html
Hamish Mackenzie, head of infrastructure at DWS, said: “As a long-term investor in essential services with a strong track record in the UK and European transport sectors, DWS Infrastructure will back Stagecoach to rapidly capitalise on the growth opportunities presented by increased public and private investment in UK bus and coach.”
Very interesting move. Asset stripping exercise ahead?
(09 Mar 2022, 11:08 am)James101 By their nature, investment funds are not generally interested in the long-term with their acquisitions. I’d expect Stagecoach to be sold on within 5 years, maybe with some of the more prime depot space sold in the meantime.
I struggle to see it as good news for Stagecoach, or more accurately, their customers.
(09 Mar 2022, 11:08 am)James101 By their nature, investment funds are not generally interested in the long-term with their acquisitions. I’d expect Stagecoach to be sold on within 5 years, maybe with some of the more prime depot space sold in the meantime.
I struggle to see it as good news for Stagecoach, or more accurately, their customers.
(09 Mar 2022, 11:38 am)Adrian I'd agree with that, but I'd be very surprised to see it sold on as a single entity. If they want a quick return for investors, then carving out and selling the most profitable parts of the operation off is likely the best way to achieve that.
(09 Mar 2022, 11:08 am)James101 By their nature, investment funds are not generally interested in the long-term with their acquisitions. I’d expect Stagecoach to be sold on within 5 years, maybe with some of the more prime depot space sold in the meantime.
I struggle to see it as good news for Stagecoach, or more accurately, their customers.
(09 Mar 2022, 11:38 am)Adrian I'd agree with that, but I'd be very surprised to see it sold on as a single entity. If they want a quick return for investors, then carving out and selling the most profitable parts of the operation off is likely the best way to achieve that.
(09 Mar 2022, 11:08 am)James101 By their nature, investment funds are not generally interested in the long-term with their acquisitions. I’d expect Stagecoach to be sold on within 5 years, maybe with some of the more prime depot space sold in the meantime.
I struggle to see it as good news for Stagecoach, or more accurately, their customers.
(10 Mar 2022, 7:39 pm)Michael Only info I can find, is that its a German company?Different type of company - apparently it's a private equity fund that's eying up/bought Stagecoach, not a larger transport company.
Lets hope they don't run Stagecoach to the ground like Arriva
(10 Mar 2022, 7:39 pm)Michael Only info I can find, is that its a German company?
Lets hope they don't run Stagecoach to the ground like Arriva
(10 Mar 2022, 7:39 pm)Michael Only info I can find, is that its a German company?
Lets hope they don't run Stagecoach to the ground like Arriva
(09 Mar 2022, 11:08 am)James101 By their nature, investment funds are not generally interested in the long-term with their acquisitions. I’d expect Stagecoach to be sold on within 5 years, maybe with some of the more prime depot space sold in the meantime.If anything I reckon DWS may be willing to divest parts of Stagecoach to other companies if they consider the onward disposal profitable.
I struggle to see it as good news for Stagecoach, or more accurately, their customers.
(09 Mar 2022, 11:08 am)James101 By their nature, investment funds are not generally interested in the long-term with their acquisitions. I’d expect Stagecoach to be sold on within 5 years, maybe with some of the more prime depot space sold in the meantime.If anything I reckon DWS may be willing to divest parts of Stagecoach to other companies if they consider the onward disposal profitable.
I struggle to see it as good news for Stagecoach, or more accurately, their customers.