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Announced

DWS to acquire Stagecoach for up to £600m.

Synopsis

DWS, an international network of investment professionals, agreed to acquire Stagecoach, a bus operator, for up to £600m. "We are proud to have served communities across the UK for over 40 years and combining our business with National Express will provide us with new exciting opportunities. It will enable us to offer more services to more people and continue investing in improvements for customers," Stagecoach. On March 9 Stagecoach agreed to DWS Infrastructure's £595m bid, which topped National Express' £470m deal.

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