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Post by spiffenage on Mar 9, 2022 22:25:33 GMT
My suggested numbering scheme lies in tatters! Holy macaroni!
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Post by southlondon413 on Mar 10, 2022 9:26:10 GMT
Be interesting to see what this means for Stagecoach Services across the country in the future My suspicion is little will change in the short term at least. As Astradyne/Silenced said above, it will be interesting to see what happens to National Express now. Will someone else absorb them, maybe? I don’t think anyone will as it was National Express pursuing Stagecoach and not the other way around. I think NatEx will spend any cash it intended to spend with Stagecoach on bringing more UK coach contracts back in house and potentially expanding its offering outside of the UK. Perhaps they may be interested in Arriva if it gets floated by DB?
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Post by SILENCED on Mar 10, 2022 9:59:10 GMT
My suspicion is little will change in the short term at least. As Astradyne/Silenced said above, it will be interesting to see what happens to National Express now. Will someone else absorb them, maybe? I don’t think anyone will as it was National Express pursuing Stagecoach and not the other way around. I think NatEx will spend any cash it intended to spend with Stagecoach on bringing more UK coach contracts back in house and potentially expanding its offering outside of the UK. Perhaps they may be interested in Arriva if it gets floated by DB? Again I go back to Arriva. After they failed in an attempt to take over Keolis, they themselves were taken over by DB. History has shown on many occassion, those that launch failed take over bids, suddenly become vulnerable. Not saying it will happen ... just history often repeats itself. Just a case of watch this space for next 3-4 months. If I am honest, don't think it is a great time to be launching takeovers in the transport sector, so reckon they will be safe Secondly what cash? It was an equity take over. Shares in the combined company would be issued for the existing Stagecoach company. The DWS takeover is a cash takeover from what I have read, as the Stagecoach shareholders will receive cash rather than shares in the new company.
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Post by spiffenage on Mar 10, 2022 15:58:17 GMT
WWoild NatEx take over another group, Arriva (who only have a tiny coach fleet) Wellglade, Blazefield maybe? Go Ahead is possible although some of their coach operations might be a snag.namely North East East Yorkshire and Oxford.
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Post by MetrolineGA1511 on Mar 12, 2022 5:02:22 GMT
I don’t think anyone will as it was National Express pursuing Stagecoach and not the other way around. I think NatEx will spend any cash it intended to spend with Stagecoach on bringing more UK coach contracts back in house and potentially expanding its offering outside of the UK. Perhaps they may be interested in Arriva if it gets floated by DB? Again I go back to Arriva. After they failed in an attempt to take over Keolis, they themselves were taken over by DB. History has shown on many occassion, those that launch failed take over bids, suddenly become vulnerable. Not saying it will happen ... just history often repeats itself. Just a case of watch this space for next 3-4 months. If I am honest, don't think it is a great time to be launching takeovers in the transport sector, so reckon they will be safe Secondly what cash? It was an equity take over. Shares in the combined company would be issued for the existing Stagecoach company. The DWS takeover is a cash takeover from what I have read, as the Stagecoach shareholders will receive cash rather than shares in the new company. National Express have requested that Stagecoach shareholders make no decision yet and they will make an announcement "in due course". I wonder whether NatEx will make a cash offer of their own? On an unrelated note, I wonder whether other bus companies will bid for individual Stagecoach operations? For example, Transdev could want Middlesbrough / Hartlepool, Go-Ahead could want Hastings and Wellglade (Trent Barton) could want Mansfield. Comfort DelGro could approach DWS about purchasing Megabus and the 35% stake in Scottish Citylink after all.
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Post by abc on Mar 16, 2022 13:12:35 GMT
Secondly what cash? It was an equity take over. Shares in the combined company would be issued for the existing Stagecoach company. The DWS takeover is a cash takeover from what I have read, as the Stagecoach shareholders will receive cash rather than shares in the new company. That is the point. Transport companies do not have cash, so they do equity deals to survive. See also RATP buying X.
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Post by ThinLizzy on Mar 16, 2022 17:24:19 GMT
Again I go back to Arriva. After they failed in an attempt to take over Keolis, they themselves were taken over by DB. History has shown on many occassion, those that launch failed take over bids, suddenly become vulnerable. Not saying it will happen ... just history often repeats itself. Just a case of watch this space for next 3-4 months. If I am honest, don't think it is a great time to be launching takeovers in the transport sector, so reckon they will be safe Secondly what cash? It was an equity take over. Shares in the combined company would be issued for the existing Stagecoach company. The DWS takeover is a cash takeover from what I have read, as the Stagecoach shareholders will receive cash rather than shares in the new company. National Express have requested that Stagecoach shareholders make no decision yet and they will make an announcement "in due course". I wonder whether NatEx will make a cash offer of their own? On an unrelated note, I wonder whether other bus companies will bid for individual Stagecoach operations? For example, Transdev could want Middlesbrough / Hartlepool, Go-Ahead could want Hastings and Wellglade (Trent Barton) could want Mansfield. Comfort DelGro could approach DWS about purchasing Megabus and the 35% stake in Scottish Citylink after all. not sure why Transdev would want Middlesbrough or Hartlepool
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Post by TNL33036 on Mar 17, 2022 14:47:11 GMT
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Post by ServerKing on Mar 17, 2022 16:45:24 GMT
Stagecoach may still press on with the offer, it's like selling stuff on ebay. Very few will go for the "Buy It Now" price, if they can bid and hopefully win for much less... if you want the item gone, you sometimes have to swallow pride and accept it Souter and Gloag the founders, are no longer major players in the business, there are challenges like the cost of diesel, no doubt worse with the Ukraine conflict, falling passenger numbers on the back of the pandemic, so now is the best time to get capital and raise funds, especially if the group can be sold as is, rather than broken up and flogged off
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Post by MetrolineGA1511 on Mar 19, 2022 4:39:52 GMT
National Express have requested that Stagecoach shareholders make no decision yet and they will make an announcement "in due course". I wonder whether NatEx will make a cash offer of their own? On an unrelated note, I wonder whether other bus companies will bid for individual Stagecoach operations? For example, Transdev could want Middlesbrough / Hartlepool, Go-Ahead could want Hastings and Wellglade (Trent Barton) could want Mansfield. Comfort DelGro could approach DWS about purchasing Megabus and the 35% stake in Scottish Citylink after all. not sure why Transdev would want Middlesbrough or Hartlepool It was mainly just an illustration rather than a firm prediction. Admittedly Transdev do now have former Stagecoach Yorkshire Huddersfield (Waterloo) depot in an area served by other Arriva (plus in this instance First) buses.
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Post by tony4387 on Mar 24, 2022 10:27:37 GMT
With DWS infrastructure money coming from DB Bank who controls the money and DB being a major shareholder in DWS i can see stagecoach becoming like arriva under there ownership it will be another another Macquarie bank saga all over again
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