1. FirstGroup to Sell Greyhound as it Bows to Activist Investors

    FirstGroup to Sell Greyhound as it Bows to Activist Investors

    FirstGroup has announced it will break up its business, sell Greyhound, and possibly withdraw from UK rail, in the face of pressure from major shareholders . The Aberdeen-based transport group said it would spin off its profitable UK First Bus operations, as it announced surging revenues but still made a £97m pretax loss...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, In the News, Partner Publications, Question of The Week, Sponsored Content
  2. Quotes

    1. Moving towards a breakup is positive, but after many years of travelling, arriving is more important than ever. We expect a muted response until there is evidence of progress towards disposals.
  3. Topics Mentioned