Go Ahead yesterday (Tuesday) confirmed that it had completed the purchase of Plymouth Citybus from Plymouth City Council.
The group completed its purchase following a full meeting of Plymouth City Council where the decision was made to sell the business to the London-based group. In late November Go Ahead confirmed that it had offered to acquire for cash 100% of the share capital of Plymouth City Bus from Plymouth City Council for an enterprise value of £20m. This followed the council's...
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