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FGROY / FirstGroup shareholders object to £1.2bn takeover bid from US private equity firm

FirstGroup shareholders object to £1.2bn takeover bid from US private equity firm
FirstGroup PLC (LSE:FGP) shareholders have rebelled over a proposed £1.2bn takeover bid from a US private equity firm. I Squared's bid, which values transport giant FirstGroup at up to 163.6p per share, includes 45.6p that is contingent upon the amount the bus and train group receives from the sale of its American businesses, including Greyhound. Read More
Posted: Jun 6 2022, 04:06
Author Name: Proactive Investors
Views: 111467

FGROY News  

FirstGroup shares accelerate as profit expectations jump

By Proactive Investors
October 11, 2023

FirstGroup shares accelerate as profit expectations jump

FirstGroup PLC (LSE:FGP) shares jumped early on after the rail and bus operator tipped full-year results would come in ahead of expectations on strong more_horizontal

FirstGroup arm Avanti awarded new West Coast contract

By Proactive Investors
September 19, 2023

FirstGroup arm Avanti awarded new West Coast contract

Avanti and CrossCountry, two rail operators with among the worst records for cancellations and delays, have been awarded long-term contracts by the go more_horizontal

FirstGroup: Fairly Priced For A Good Not Great Business

By Seeking Alpha
September 15, 2023

FirstGroup: Fairly Priced For A Good Not Great Business

FirstGroup has seen improved financial health and increased shares by 125% since October 2020. The company has reshaped itself by exiting its North Am more_horizontal

FirstGroup forecasts bumped up amid UBS analysts' optimism

By Proactive Investors
June 22, 2023

FirstGroup forecasts bumped up amid UBS analysts' optimism

FirstGroup PLC (LSE:FGP) should escape the worst effects of high inflation thanks to the firm's rail management contracts, according to UBS analysts. more_horizontal

FirstGroup share price technical analysis after going parabolic

By Invezz
June 8, 2023

FirstGroup share price technical analysis after going parabolic

FirstGroup (LON: FGP) share price went vertical on Thursday after the transport company published strong financial results despite challenges. The sto more_horizontal

Wizz Air and FirstGroup results the next stop on Friday

By Proactive Investors
June 7, 2023

Wizz Air and FirstGroup results the next stop on Friday

By far the busiest day of the week from a company perspective. Just how badly rail and bus operator FirstGroup PLC (LSE:FGP) has been affected by th more_horizontal

FirstGroup stripped of TransPennine franchise after 'continous cancellations'

By Proactive Investors
May 11, 2023

FirstGroup stripped of TransPennine franchise after 'continous cancellations'

FirstGroup has been stripped of the TransPennine Express rail franchise in the North and part of Scotland after persistent poor service and cancelled more_horizontal

FirstGroup eyeing bid for parts of Arriva as German owner plans sale

By Proactive Investors
April 21, 2023

FirstGroup eyeing bid for parts of Arriva as German owner plans sale

FirstGroup PLC (LSE:FGP) is said to be among the parties weighing bids for parts of transport group Arriva, which Deutsche Bahn is looking to offload more_horizontal


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