FirstGroup reaches end of the line with Greyhound as it agrees 125m sale
Transport firm FirstGroup has sold its US long-distance coaches arm Greyhound Lines to Germany’s FlixMobility more than two years after putting the division up for sale. Shares in Aberdeen-based FirstGroup lifted 2% as it unveiled the deal worth 172 million US dollars (£125 million) with the European coach and rail group. It comes as part of FirstGroup’s move to focus on its UK transport business, having already offloaded its US […]