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7.7.06

Business - UK - National Express Seeks to Expand Bus Business Outside the U.K.

UK -Bloomberg (USA) -July 3. 2006: -- National Express Group Plc, a U.K. train and bus operator, said it's seeking ways to expand its bus operations outside Britain... Since selling shares in 1992, National Express has been growing through acquisitions. In October it bought Spanish bus operator Alsa for 262 million pounds ($484 million), adding 93 million passengers and expanding into Europe for the first time... Profit and sales remain "in line with expectations,'' National Express said today in a Regulatory News Service statement released following the end of its fiscal first half on June 30...

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