Stagecoach waits in the wings as NatEx fights to survive

摘要

Stagecoach has confirmed its interest in buying parts of National Express Group -probably its UK buses and North American yellow schoolbuses - and has been given until 11 September to make a firm offer.rnEvents surrounding NatEx have moved rapidly since FirstGroup made an informal takeover approach to the bus and rail group on 19 June and NatEx announced on 1 July that chief executive Richard Bowker was leaving to head a railway in the United Arab Emirates and that it could no longer continue operating the loss-making East Coast rail franchise (Buses last month).