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?