Page 1 of 1

US Private equity bid for First Group.

Posted: 08:30 Friday 27th May 2022
by TimBrown
The attached article appeared in today's Daily Mail 'City and Finance' section and it outlines a US Private Equity bid for First Group. Please also note the final paragraph which states that the Stagecoach takeover is now completed.
US Private equity bid for FirstGroup 001.jpg
(Click on the attachment and it will appear right way up!)

Re: US Private equity bid for First Group.

Posted: 15:45 Friday 10th June 2022
by TimBrown
Here is an article from the Daily Telegraph business section today, Friday 10 June 2022, outlining why First Group has rejected the bid by US private equity firm I Squared Capital.
First Group bid update 001.jpg

Re: US Private equity bid for First Group.

Posted: 15:16 Tuesday 16th August 2022
by bmmoboy
It has just been announced that I Squared Capital Advisors have announced today that it does not intend to make a firm offer for FirstGroup, the reason given is that the FIrstGroup board have decided that the offer significantly undervalues the company.

Re: US Private equity bid for First Group.

Posted: 17:20 Tuesday 16th August 2022
by AdamH
What a surprise!