Stagecoach Group Accepts Rival Bid Offer from DWS Infrastructure
Posted on 03/11/2022
British bus and rail operator Stagecoach Group plc is supporting a £594.9 million takeover offer from Inframobility (Inframobility UK Bidco Limited). Inframobility is owned by Pan-European Infrastructure III, SCSp, which is in turn managed and advised by infrastructure investment manager DWS Alternatives Global Limited (DWS Infrastructure). Pan-European Infrastructure III said cash payable to StageCoach shareholders…
