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Go-ahead Share News (GOG)



Share News for Go-ahead (GOG)


Share Price: 1,588.00Bid: 1,580.00Ask: 1,585.00Change: 0.00 (0.00%)No Movement on Go-ahead Group
Spread: 5.00Spread as %: 0.32%Open: 1,550.00High: 1,591.00Low: 1,550.00Yesterday’s Close: 1,588.00




UPDATE 1-Britain shortlists 13 bidders to run rail franchises

Thu, 29th Mar 2012 08:01

LONDON, March 29 (Reuters) - Stagecoach, FirstGroup , Go-Ahead and National Express are among
13 firms vying to be the next operators of the Great Western, Thameslink and Essex Thameside rail franchises, Britain's Department of Transport said.

'The Government is engaged in the biggest programme of refranchising since the privatisation of the railways,' Rail Minister Theresa Villiers said on Thursday, adding that the new operators will be expected to introduce better train services, safer stations and more convenient ways to buy tickets.

Villiers said the new Great Western franchise operator will be involved in improving rail services following completion of the electrification and Intercity Express projects, while the new Thameslink operator will help oversee the completion of the Thameslink project.

The operator of Essex Thameside services will be expected to support economic growth along the Thames Gateway, she added.

FirstGroup was announced as a bidder for all three franchises, National Express and Stagecoach for two, while Go-Ahead was chosen as a bidder for one.

In a separate statement, Go-Ahead welcomed news of being shortlisted to bid for the Thameslink franchise, but said it would seek feedback from the Department for Transport on why it wasn't chosen for the Essex Thameside franchise.



(Reporting by Adveith Nair; Editing by Matt Scuffham) Keywords: DEPTTRANSPORT/

(adveith.nair@thomsonreuters.com)(+44 20 7542 2384)(Reuters Messaging: adveith.nair.thomsonreuters.com@reuters.net)(Twitter: @Adveith)

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UPDATE 2-Britain tries to get rail award process back on track

* Government to return East Coast franchise to private hands* Timetable for others announced, West Coast delayed to 2017* Process reviewed after flaws
[26 Mar '13]

UPDATE 1-Go-Ahead profit hit by rail weakness

LONDON, Feb 21 (Reuters) - British transport group Go-Ahead posted an 1.8 percent fall in first-half profit, hit by operational problems at parts of
[21 Feb '13]

RESEARCH ALERT-Go-Ahead: Nomura cuts target price

Jan 21 (Reuters) - Go-Ahead Group PLC: * Nomura cuts target price to 1493p from 1513p; rating buy For a summary of rating actions and
[21 Jan '13]

UPDATE 1-UK govt warns Go-Ahead on rail performance

LONDON, Dec 20 (Reuters) - The British government gave rail operator Go-Ahead Plc 'a firm yellow-card' over service failures at its London Midla
[20 Dec '12]

RESEARCH ALERT-Go Ahead: JP Morgan cuts price target

Dec 14 (Reuters) - Go-Ahead Group PLC: * JP Morgan cuts price target to 1,430p from 1,451p; rating neutral For a summary of rating ac
[14 Dec '12]

RESEARCH ALERT-Stagecoach: Oriel Securities raises to buy

Nov 30 (Reuters) - : * Stagecoach: Oriel Securities raises to buy from add * Go-Ahead: Oriel Securities raises to buy from hold
[30 Nov '12]

RESEARCH ALERT-Go-Ahead Group: Jefferies raises to buy

Oct 25 (Reuters) - Go-Ahead Group PLC: * Jefferies raises to buy from hold; price target to 1470p from 1220p For a summary of rating
[25 Oct '12]

BRIEF-Go Ahead Chairman to step down in 2013

LONDON, Oct 25 (Reuters) - Go-Ahead Group PLC: * Patrick brown will step down as company chairman and retire from the board on 24 Ap
[25 Oct '12]



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