UPDATE 1-National Express gets cash offer from CVC-Cosmen

Newswire

* Says consortium offers 450 pence/share in cash * Says board is evaluating proposal (Adds detail) LONDON, Aug 27 (Reuters) - Britain's National Express has received a 450 pence a share all-cash offer from a consortium including Spanish shareholder the Cosmen family and private equity group CVC Capital Partners. The group said it is evaluating the the offer, which follows an expression of interest last month. The shares were up 7.7 percent at 430.6 pence by 0729 GMT, valuing the ...

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