Betaville

UNCOOKED ALERT: FirstGroup said to ...

Speculation is mounting FirstGroup, the London-listed transport company, has attracted takeover interest.

People following the situation have heard rumours a mystery party is circling FirstGroup with a view to purchasing the business.

However, the indentity of the company interested in FirstGroup remains unclear, said these people following the situation.

In the past the company has been approached by private equity firms. In 2018, for example, US firm Apollo approached FirstGroup about a takeover deal...