Citi talks up Stagecoach take private by Sir Brian Souter...

Tuesday, 7 January 2020, 10:12 am

If Betaville had a pound for every time an analyst, banker or portfolio manager talked up the possibility of Sir Brian Souter taking the bus and rail company he founded, Stagecoach, private I would definately be richer than I am now (well, to be honest that wouldn't be too hard to achieve).

Citi analyst Sathish Sivakumar was quick off the mark yesterday, arguing on the first day back for most City workers that Sir Brian Souter's move to non-executive director from chairman means there is an "upside risk" to him trying to take the company private...


Register for free to see rest of this article and all public articles from Betaville

Login / Register

[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].

Post Comment