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UNCOOKED ALERT: Stagecoach Group said to ...

Stagecoach Group, the UK-listed bus and rail operator, is rumoured to have drawn interest from a private equity firm.

People following the situation said at least one private equity firm was running its "slide rule" over Stagecoach after it was approached by National Express about an all-share merger.

National Express has been given a "put up or shut up" [PUSU] deadline of November 16 to agree a deal with Stagecoach after gaining an extension to the previous PUSU...