Brief: Comfortdelgro Corp Announces Acquisition Of Shares And Assets In United Kingdom

ComfortDelGro

14/12/2021 09:51

Dec 14 (Reuters) - Comfortdelgro Corporation Ltd  CMDG.SI :
    * ANNOUNCEMENT ON ACQUISITION OF SHARES AND ASSETS IN UNITED
KINGDOM
    * WILL ACQUIRE STAGECOACH'S REMAINING 35% STAKE IN SCOTTISH
CITYLINK COACHES
    * WILL ACQUIRE MARKETING, RETAIL & CUSTOMER SERVICE
ACTIVITIES OF
STAGECOACH'S MEGABUS UK COACH BUSINESS & FALCON COACH
    * DEAL WITH STAGECOACH GROUP PLC FOR GBP 8.75 MILLION
    * INTERCITY COACHES ACROSS UK TO INCREASE TO 150 UPON
COMPLETION
OF DEAL WHICH IS EXPECTED AT END OF FEBRUARY 2022

Source text for Eikon:  ID:nSNGDqX7 
Further company coverage:  CMDG.SI 

 ((Reuters.Briefs@thomsonreuters.com;))