The Latest Breaking News from DWS

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The Independent UK · Apr 20, 2022

Perth-based transport giant Stagecoach in centre of bidding war between National Express and major German company

The initial £450 million offer for the local bus operator was initially welcomed in December, until it was gazumped by a 105p a share £595 million cash deal from DWS Infrastructure

Daily Record · Mar 22, 2022

National Express insists Stagecoach merger is ‘superior’ to rival bid

Group believes the 105 pence-per-share bid from DWS “materially undervalues” Stagecoach, but has held back from sweetening its offer

Insider UK · Mar 17, 2022

Stagecoach agrees rival £595m takeover in blow to National Express merger plans

Stagecoach is now backing a sale to investor DWS Infrastructure for 105p a share in cash and has pulled its support for the National Express tie-up.

The Independent UK · Mar 9, 2022