FirstGroup's value highlighted by Berenberg as bid deadline nears
Analysts at the bank believe the transport operator could be set to return £800mln over the next three to five years
Company
FirstGroup PLC
LON:FGP
FirstGroup plc is engaged in the provision of passenger transport services. It operates in four divisions: Bus, UK Rail, North America and Greyhound.
230 stories · page 5 of 12
Train operators propose scrapping peak and off-peak fares
Surge pricing models similar to those used by airlines and Uber could well come into play for train travel
Travel disruptions due to hot weather will increase, warns UK minister
Transport secretary Grant Shapps warns, "We’re going to see this a lot more regularly"
UK government unveils Northern rail plans as record heat shuts down network
Most rail services n the North of England are being scrapped or severely curtained today
More train strikes announced for August
"We remain open for talks, but we will continue our campaign until we reach a negotiated settlement," said RMT bosses
UK national train strike coming this summer
The dates for a potential strike have not yet been confirmed by unions
More rail strikes possible as rail drivers hold ballots
Aslef called ballots for industrial action at 12 rail companies
Rail travellers looking at “spectacularly painful” train fare hikes says commentator
"Regulated fares are linked to RPI in July. The most recent figures we have are for May when RPI was 11.7% "
Archive
FIVE at FIVE: FTSE100 slips, US recession looming, crypto’s in doldrums, BA's summer of strikes, bus and rail sexy?
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
FirstGroup wins three-year contract renewal for Great Western Railways
FirstGroup said it aimed to be the “partner of choice for low- and zero-emission transport”
Cyclical stocks still a good bet ahead of recession, says broker
FirstGroup (buy), Trainline (buy), and Serco (buy) are the UK additions to the portfolio
FirstGroup board rejects US private equity offer
The travel group's major shareholder had called the offer "unattractive"
FirstGroup shareholders object to £1.2bn takeover bid from US private equity firm
FirstGroup's biggest shareholders say the £1.2bn offer from American private equity firm must be unconditional before they will accept it
What does $1.8trn of private equity 'dry powder' mean for public markets?
Record money chest funds a flurry of take-privates in evergreen sectors
FirstGroup considers £1.2bn private equity offer
Company evaluating approach from US private equity (PE) firm I Squared Capital Advisors, subject to final results of sale of US businesses Greyhound and First Transit
'Great British Rail Sale' will cut fares by as much as 50% but not for commuters
Advanced and off-peak rail tickets prices are to be cut by up to 50% in April and May
FirstGroup says trading in line with bus passenger volumes at 70% of pre-pandemic levels
“Although the restrictions implemented by government as a response to the omicron variant temporarily reduced demand levels, we are encouraged by the improving passenger volume trends subsequently,” the transport group said
FirstGroup keeps full-year guidance but flags uncertainty around pandemic
The company intends to start regular dividend payments within the next 12 months
FirstGroup to return £500mln through tender offer
Coast Capital has agreed to the terms even though it was highly critical of the sale
FirstGroup takes full control of Hinkley Point shuttle
FirstGroup is paying JJPH £8.4mln on completion with a potential deferred consideration of up to £1.6mln.