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FirstGroup invests £76m to grow bus business

22 February 2013
 

FIRSTGROUP’S BUS division has ordered 464 new vehicles for delivery in 2013/14 as part of its strategy to grow the business.

FirstGroup made the announcement after telling investors that it has “under-invested” in its bus operations   for a period and its planned £100m in sales of its bus businesses would allow it to raise funds to re-invest (LTT 8 Feb).

Giles Fearnley, managing director of First UK Bus, said: “We are committed to growing our business and...

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