First Manchester

[iMarkeh]

RE: First Manchester

(27/02/2019 16:06)gilesbus1 Wrote:  Yep I've seen mixed reports, guess what they might try to do is to offload under performing business units first then assess from there. Or maybe they are just open to offers and taking it from there.

Unsure what their reasons for these rumours about sale are, whether they are blaming it like everybody else on Brexit (lets not go there) or whether its to do with under performance in Deutsche Bahn, or whether money is needed for other Germany Government Projects.

Recon a decline in FirstGroup towards extinction and Arriva now also essentially for sale, is it a route back to Nationalisation or is a new group going to appear from out of the blue with a stitch up of operations from the pair.

Will be interesting to see.

I think we all quite often think about the big companies who have only 1 brand. Ie Stagecoach, First, Arriva but we forget about those groups like Wellglade, Julian Peddles groups, Transdev, GoAhead, National Express. There are lots of bigish independants who could go for any any small depot. We are far from heading back towards Nationalisation.