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 school and public service bus operations First Student and First […]