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On this day
28th Mar (1917)
Bideford, Westward Ho! and Appledore closed (link)

Train RunningCancelled
17:48 Reading to Gatwick Airport
17:54 Cardiff Central to London Paddington
17:57 London Paddington to Worcester Foregate Street
18:03 London Paddington to Penzance
18:08 London Paddington to Frome
Additional 18:25 Shalford to Reading
18:36 London Paddington to Plymouth
18:37 Westbury to Swindon
18:51 Filton Abbey Wood to Bristol Temple Meads
18:55 Bedwyn to Newbury
19:23 Reading to Gatwick Airport
19:24 Newbury to Bedwyn
19:33 London Paddington to Worcester Shrub Hill
19:55 Bedwyn to Newbury
20:13 Swindon to Westbury
20:16 Frome to Westbury
20:49 Newbury to Bedwyn
20:56 Worcester Foregate Street to London Paddington
21:16 Bedwyn to Newbury
21:53 Newbury to Bedwyn
22:25 Bedwyn to Newbury
22:47 Newbury to Bedwyn
Short Run
15:03 London Paddington to Penzance
16:19 Carmarthen to London Paddington
16:23 Portsmouth Harbour to Cardiff Central
16:35 London Paddington to Plymouth
16:50 Plymouth to London Paddington
17:03 London Paddington to Penzance
17:30 London Paddington to Taunton
17:36 London Paddington to Plymouth
17:50 Gloucester to Salisbury
17:59 Gatwick Airport to Reading
18:18 Newbury to London Paddington
18:19 Reading to Gatwick Airport
18:29 Gatwick Airport to Reading
18:54 Reading to Gatwick Airport
18:59 Gatwick Airport to Reading
19:04 Paignton to London Paddington
19:06 London Paddington to Bedwyn
19:29 Gatwick Airport to Reading
20:03 London Paddington to Plymouth
20:42 Bedwyn to London Paddington
Delayed
13:59 Cardiff Central to Penzance
14:15 Penzance to London Paddington
16:03 London Paddington to Penzance
16:15 Penzance to London Paddington
Additional 17:17 Exeter St Davids to Penzance
Additional 17:26 Castle Cary to Penzance
17:29 Gatwick Airport to Reading
An additional train service has been planned to operate as shown 18:25 Shalford to Reading
19:04 London Paddington to Plymouth
19:59 Gatwick Airport to Reading
etc
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News: the Great Western Coffee Shop ... keeping you up to date with travel around the South West
 
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Author Topic: First Group hits buffers as private equity bidder walks away after rejected bids  (Read 2168 times)
ChrisB
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« on: August 17, 2022, 20:10:51 »

From This is Money, via MSN

Quote
Shares in First Group hit the buffers as its private equity suitor abandoned plans to buy the train and bus operator.

The stock fell 11.4 per cent, or 14.7p, to 114.2p after Miami-based private equity group I Squared walked away having seen a number of bids rejected.

First Group, whose work includes running the Avanti West Coast mainline and South Western Railways, rejected a 118p a share offer in June which valued it at £1.2billion.

The company, which also runs around a fifth of local bus services outside London, yesterday revealed I Squared tabled a final offer of 135p a share on Monday.

But it said this still ‘significantly’ undervalued the company.
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stuving
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« Reply #1 on: August 17, 2022, 20:23:10 »

That (from Yesterday) is a bit over the top, given the price has just gone back to where it was in May when the I Squared offer appeared. It's not as if there an extra drop due to market reaction to the (very sketchy) rumours of Avanti discussing giving up their contract.
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