Date: 26/05/2022

Aberdeen-based firm considering approach by US private equity firm I Squared Capital. FirstGroup, Britains biggest train operator, is evaluating a £1.2bn takeover offer from a US private equity firm, the latest UK transport group to become a takeover target. The Aberdeen-based bus and rail operator said it had received a series of unsolicited proposals from I Squared Capital, and rejected them unanimously, apart from the latest approach, received on Wednesday evening, which it is evaluating.

External links

UK train operator FirstGroup considering £1.2bn takeover

The Guardian

Aberdeen-based firm considering approach by US private equity firm I Squared Capital Advisors

Related news items

Tags: x I Squared Capital x FirstGroup