FirstGroup facing shareholder revolt over sale of bus division
Top investor Coast Capital threatened to take legal action against the UK transport giant if the £3.3billion sale to Sweden’s EQT went ahead. Coast branded the deal ‘destructive’.
Top investor Coast Capital threatened to take legal action against the UK transport giant if the £3.3billion sale to Sweden’s EQT went ahead. Coast branded the deal ‘destructive’.
FirstGroup bosses back on full salaries after taking pandemic pay cut despite collapse in train passenger numbers and Government’s bailout of industry By Alex Lawson, Financial Mail On Sunday Published: 21:50 GMT, 24 October 2020 | Updated: 21:50 GMT, 24 October 2020 Bosses at rail operator FirstGroup have returned to full salaries after taking a … Read more
The UK’s biggest bus company and rail operator has urged the Government to stop deterring people from using public transport as the country judders out of lockdown. FirstGroup chief executive Matthew Gregory said it is time to ‘move away’ from appealing to passengers not to use trains and buses for non-essential journeys. With people required … Read more
Is this the last stop for troubled Firstgroup? Bus and train operator warns it may not survive the pandemic By Daily Mail City & Finance Reporter Published: 22:15 BST, 8 July 2020 | Updated: 22:15 BST, 8 July 2020 First Group warned it may not survive the coronavirus pandemic as it racked up a third … Read more
Under-fire FirstGroup looks into selling off US assets following pressure from shareholders By Daily Mail City & Finance Reporter Published: 21:50 BST, 16 December 2019 | Updated: 22:54 BST, 16 December 2019 US operations: First Group already has plans in place to offload the Greyhound coach business (pictured) First Group has announced the appointment of … Read more