National Express Group

...the Spaniard the right to sit on the board. The Cosmen family were granted a board seat when they sold the family business, Alsa, to National Express in October 2005. However, the terms of this deal are now under dispute as the board and the...

In this article: National Express

National Express's biggest shareholder yesterday reacted angrily to the terms of a rescue rights issue, which the company hopes will put to bed worries about its GBP1bn debt pile. The troubled transport company, which will surrender...

In this article: National Express, Best interests, Balance sheet, and Spain

...Government on Friday after lower-than-expected demand left it unable to pay premiums to the Department for Transport (DfT). National Express said it may challenge a threatened attempt by the DfT to take back its profitable East Anglia and C2C...

In this article: National Express, Stagecoach, Best interests, and CVC Capital Partners

...company Tube Lines, has emerged as a leading contender to be the new chief executive of National Express. Published: 8:15PM GMT 11 Nov 2009 National Express Group Mr Finch, a former chief operating officer of rival bus and rail...

In this article: Stagecoach, Balance sheet, Tube Lines, London Underground, and Richard Bowker

...shares at 105p a share on a seven-for-three basis - a discount of nearly 70 per cent on Tuesday's closing price of 338p. Shares in National Express, which are down 30 per cent over the last month, were 3.4 per cent lower at 325½p in...

In this article: National Express, Balance sheet, Revenue, Unemployment, Morgan Stanley, and Merrill Lynch

National Express launched a GBP360m rights issue on Wednesday, but failed to gain the backing of its largest shareholder for the move, which was designed to draw a line under weeks of speculation over the bus and rail group's future. The...

In this article: National Express, Legal advice, Revenue, Unemployment, and Morgan Stanley

...appropriate covenant headroom in the near term whilst significantly reducing the group's net debt position," National Express said. The company is proceeding with the rights issue even after board member Jorge Cosmen failed to support the...

In this article: National Express, Best interests, Balance sheet, Commerzbank, Barclays Capital, BBVA, Morgan Stanley, and BNP Paribas

...when times are good only to walk away from them when times become more challenging." In its statement today National Express said that it has "taken and received advice from leading legal counsel ... on the basis of that advice it...

In this article: National Express, CVC Capital Partners, London, National Express East Anglia, and East Coast franchise

...due June 2011. National Express faces interest payment step-ups of about GBP5m early next year if it fails to raise fresh cash. On Friday, National Express is also due to hand back its East Coast rail franchise. Its failure to...

In this article: National Express, Stagecoach, Morgan Stanley, Merrill Lynch, RBS, and Spain

Navigation - link to other main sections from here National Express to give up East Coast service The Government today announced it will take control of National Express' loss-making East Coast main line rail service on November 14 and...

In this article: National Express, National Express East Coast, Revenue, Recession, and Leeds