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National Express Group faces AGM showdown

08 April 2011
 

National Express Group’s board has rejected calls from one of its major shareholders to reassess its business strategy and identify new markets in which the company faces less competition from state-backed European transport groups.

Making its case, US investment fund Elliott, which owns 17% of NEG, wrote to fellow shareholders outlining its concerns over the company’s ability to compete against Continental rivals. “National Express faces fierce competitive pressures from...

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Head of Fleet Management
Brighton & Hove Council
Hollingdean Depot
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