FirstGroup‘s largest shareholder, Schroders, has described a potential takeover bid for the operator as ‘unattractive’. The unsolicited offer came from I Squared Capital Advisers, an independent global infrastructure investment manager. The potential deal could be for as much as £1.2bn. The potential buyer is offering to pay 118p per share and a contingent right to […]
Bus and Coach Buyer Features Writer, David Cole, has been busy capturing even more of the buses given special Queen’s Platinum Jubilee-themed liveries. We take a look back at the Jubilee weekend and see some more of the buses commemorating this Royal occasion. Click the image above to see the gallery in full.
London’s bus network could be cut by almost 20% following a Government requirement for significant savings. Proposals on reshaping the central and inner London bus network have been set out by TfL due to the Government requiring the capital’s transport authority to reduce service levels on London’s bus network. Due to TfL’s reliance on passenger […]
Details of the 2022 UK Bus Awards have been announced, with plans for the contest to get under way this month. Entries will once more be invited to compete for 23 awards covering the full range of skills required to plan, promote and deliver high quality bus services to customers. The award categories are a […]
Switch Mobility is revealing its new 12m electric bus at the European Mobility Expo in Paris this week. Designed under the Project Odin name, the bus is called Switch e1 and is the company’s first 12m electric bus designed for the European market, not to mention the first to be launched under the Switch Mobility […]
Metrodecker EVs have been given the go-ahead to get back out on the roads following temporary removal from service for precautionary safety checks. The electric double-deckers were taken out of service by TfL following Switch Mobility’s swift and proactive action following a fire that engulfed two of its vehicles last week. The blaze at the […]
First Bus has completed the transformation of its Caledonian depot in Glasgow into the UK’s largest electric vehicle (EV) rapid-charging centre. The depot has had 160 rapid-charging points installed over the last nine months, supporting First Bus’s ambition to be emission-free by 2035. The operator is trialling the use of its charging infrastructure to third-party […]
Stagecoach has entered into binding agreements to acquire Kelsian Group‘s Tower Transit east London bus operations and depot at Lea Interchange for a total consideration of £20m. Upon completion, £10m will be payable, with a further £1m per annum payable for ten years commencing on the first anniversary following completion, subject to certain conditions. Stagecoach […]