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Stagecoach Group PLC (SGC)

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Friday 16 October, 2009

Stagecoach Group PLC

National Express

RNS Number : 8959A
Stagecoach Group PLC
16 October 2009
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO, OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS IN THAT JURISDICTION  


16 October 2009


Stagecoach Group plc ("Stagecoach")


Statement regarding National Express Group plc ("National Express")

  

Stagecoach notes today's announcement by National Express that the consortium comprising funds advised by CVC Capital Partners and interests of the Cosmen family (together, the "Consortium") no longer intends to make an offer to acquire National Express.


Accordingly, 
Stagecoach confirms that it is no longer in discussion with the Consortium regarding the possible acquisition by Stagecoach from the Consortium of the UK Bus and UK Rail operations of National Express.



Enquiries:  

  

Smithfield 


John Kiely

Tel: 020 7360 4900



Stagecoach Group plc  


Martin Griffiths, Finance Director  

Tel: 01738 442111  

Ross Paterson, Director of Finance & Company Secretary  

Tel: 01738 442111  

Steven Stewart, Director of Corporate Communications

Tel: 01738 442111

Mob: 07764 774680



This information is provided by RNS
The company news service from the London Stock Exchange
 
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