winston270twm
Established Member
- Joined
- 26 Oct 2012
- Messages
- 1,899
I think that if the other big companies are interested in bits of First, they'll be interested in the profitable bits rather than the fire-sale stuff that's making losses or needs big investment.
It's a buyers market though - Stagecoach/ NatEx/ Arriva (etc) don't need to buy, but First do/did need to sell.
That was exactly my point, that I'm sure First Group will have received expressions of interest or even bids being tabled for the big profitable bits like Glasgow, Manchester, West Yorkshire etc knowing that First desperately needed to raise the £100 Million disposal target & avoid a rights issue. Possibly even more so once the Oft intervened with the Stagecoach acquisition of Barnstable & screwed it all up for First
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