Summary
FIRSTGROUP boss Moir Lockhead has not ruled out the possibility of a merger with a rival, sounding the firing gun for consolidation in the rail sector.
The chief executive of the rail and bus operator said: 'There's always the possibility that we could merge with one of our rivals, if the price is right.' There has been speculation that FirstGroup and National Express could create a 'merger of equals'.See the full content of this document
Extract
Firstgroup Mulls Plans for Merger
However, Lockhead...
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