LONDON, Aug 28 (Reuters) - Main shareholders in the British bus and rail operator National Express have indicated that they will continue to back a rights issue plan instead of a revised takeover offer, the Financial Times reported on Friday. The debt-laden transport company said on Thursday that it has received an all-cash offer worth about 600 million pounds ($972 million) from a group led by its Spanish main shareholder. The consortium, which includes 18.6 percent-shareholder the ...
Premium Content (PAID Subscription Required)
"Natexpress shareholders prefer rights issue - FT" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.