Post by Deleted on Jun 1, 2012 13:01:45 GMT
Jun 1, 2012 1:54:25 GMT @steve517757 said:
They can't. The people telling you otherwise are spouting b'locks.
It 25% per operating group.
Source: www.tangytango.proboards.com/inde....d=2751&page=137
Right, lets go through a few pointers here...
First have decided to offer some of thier assest for sale, or the warrent the term, 'looking for expressions of interest', i did read a report about it somewhere, when i find it i'll post the link. First have decided to reduce the burden on thier debt by sellling off parts of the business that arent making a profit or meeting thier expected profit margins and targets, i beleive the 'First Capital North' arm of First London is one of the said assets that has not done so, therefore the decision was taken by first to look for Expressions of interest, for the potential sale of the operation. It appears appearent the the whole business, would not look attractive to potential buyers, therefore they have decided to sell individual sites off seperately (therefore selling at a reasonable and attratcive price) as this would be more attractive to potential buyers.
The 25% share i beleive is Opertator specific, not group specific. People forget that the big groups - Arriva, Go-ahead, First, Stagecoach, as well as the smaller groups like RATP and Transdev, are only a financial stabili for thier owned business'. In the case of Arriva, Stagecoach and First, they use a Corporate Brand to help 'sell' thier business', Go-ahead are slightly different and use a 'Devloved Structure', whereby each operation has an individual identity, but the way the organisation operates is Theoretically the same as Arriva, First and Stagecoach.
So when you look at things, the operatrions are split, so you have:
ARRIVA - London North
ARRIVA - London South
ARRIVA - Southern Counties (Kent Thameside)
ARRIVA - the Shires
All of the above have seperate head offices, therefore are seperate operations. All are Corporately Branded Business'.
GO-AHEAD - Metrobus
GO-AHEAD - Go-ahead London (Combining: London Central, London General, Docklands Buses and Blue Triangle on seperate o-licences) - One head office.
Both of the above have different head offices so are therefore seperate operations. All are Individually Branded Business'.
STAGECOACH - Stagecoach London (combining, East London, Thameside on seperate o-licences) - One Head Office. Corporately Branded Business'.
Seperate operation to any other stagecoach activity in London. (NX coaches, Megabus etc..)
FIRST - First Capital East/First Capital North (combined operation, seperate o-licences)
FIRST - First Centrewest London
Shared Head Office (for all of the above). Corporately Branded Business'.
Seperate operation to any other First activity in London. (NX coaches, Greenline etc..)
Note: First Beeline Bracknell and First Beeline Slough used to be based out fo the same head office, but are now seperately managed.
The rest are pretty much the same.
Back on topic, the sale has not formally been agreed yet, but it is pretty much a 'done deal' so i have been told.
I personally think this should be posted in an official notice under the tender section. This information provided by egg... is very useful
Sorry metrobus, but that should not be posted anywhere.
Every competition rule/law/investigation I have ever seen is judged on ownership. If the Competition Commission investigated Go-Ahead in London it it would look a MetroBus, Go-Ahead London, Southern, South Eastern and London Midland.
Until such time as I see some official TfL documentation stating it is 'operator' based ... I will not believe that it is not ownership based. If it is 'operator' based (with appropriate definition - as a group could be considered an operator), the whole rule is pointless and should be ripped up ... because it gives the right for companies to destroy competition across London. I fail to believe that even TfL would be that inept!
Egg even states it is he believes ... so it should not be taken as fact and is not presented as fact.
