National Express Group could exit the London bus market to help refinance almost £500m of debt.
The group is understood to have held sale talks with Singapore-based ComfortDelGro, which is one of the five largest bus operators in London with a fleet of 1,250 buses. The Singaporeans were interested in acquiring National Express Group’s Travel London subsidiary, which operates 350 buses.
The talks are said to have ended in recent weeks but they could now be revived. National...
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