Stagecoach welcomes Preston Bus verdict

01 June 2010
 

Stagecoach has welcomed a ruling by the Competition Appeal Tribunal following an appeal against the Competition Commission’s decision to force the group to divest itself of the Preston Bus business.

The Perth-based group says that it will take time to consider the CAT’s verdict and look at how the judgement will affect the divestment process.

Stagecoach has been proceeding with the planned sale of the business with several interested parties understood to be keen to acquire the...

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