Bus Group's German Sale

The HeraldOctober 01, 2011

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Summary


NEW FirstGroup chief executive Tim O'Toole has continued to put his stamp on the company with the disposal of the Aberdeen-based company's small German bus business for EUR 5.5 million (pound(s)4.8m).

Mr O'Toole is keen to focus the business on the UK and US and generate cash as he seeks to cut its debt load.

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Bus Group's German Sale

The 130-bus bus...

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