(13 Jun 2022, 10:23 am)Ambassador wrote Interesting that both offers have come from existing transport operators and not a private equity group as in the case of Stagecoach (even though Kinetic backed in part by a Canadian pension fund)
That would be First, Stagecoach and Go Ahead all seeing takeovers in 2022 - at least someone is making money out of public transport!
In some ways inevitable. The Lockheads, Gloags, Souters, Moyes, Ludemans of the world who built these companies up are now long since moved on. Go Ahead's share price tanked following the South Eastern shenanigans, trading in Go Ahead shares was suspended for a period IIRC.