Purchases - UK - National Express to buy Spanish bus group Alsa for 460 mln stg
LONDON,UK - Forbes(USA)/AFX News Limited -11 Oct 2005: -- British train and bus operator National Express Group PLC has agreed to buy Spain's largest coach operator for 460 mln stg including debt.... National Express, said that with an extensive national and regional network, ALSA will give it immediate scale in Europe's third largest coach market where it sees 'significant' growth opportunities... ALSA is also Spain's second largest urban bus operator, centred around Oviedo and Leon in the north of the country... The deal, which is subject to clearance from Spain's antitrust regulator the Servicio de Defensa de la Competencia, is expected to complete in about six weeks...
posted by Unknown @ 12:48 PM
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