Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

First considers bus disposals

18 November 2011
 

FirstGroup chief executive Tim O’Toole has indicated that he is considering selling parts of the bus business to concentrate on areas with highest growth potential, although he has refused to divulge where disposals could be made. “We don’t want to announce where we’re looking for disposals, I mean there’s employees involved. So we have to be somewhat reticent about going into that area,” he told City analysts....

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