Stagecoach MCSL - Chester & Wirral Depots

[mbonwick]

RE: Stagecoach Chester & Wirral
In terms of Wigan, Stagecoach gave undertakings that meant they can't do anything that affects the value of the business assets whilst the OFT review is carried out. That should hopefully report on Monday, at which point all the darts and Excels on the disposal list will be offered for sale.

In terms of Chester & Wirral, no such undertakings have yet been given (which suggests the takeover was self-referred), but in any case Stagecoach will want to cover themselves and their investment (new Enviro200s etc) should the OFT come up with some perverse findings.

So no, we won't see anything departing MY&SL just yet.