MARKET REPORT: First Group deal ‘stinks to the heavens’ says Coast
The deal by First Group to offload its sprawling US transport business is hanging in the balance. The company’s biggest shareholder, Coast Capital, which owns nearly 14 per cent, has blasted the £3.3billion proposal, saying that it ‘stinks to the heavens’. Last month Aberdeen-based First Group said it would sell the US transport arm to … Read more