Stagecoach to make £20m London acquisition
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 […]