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Also in the Arab countries, Alsa was about to win the privatization of the Dubai transport service . The Spanish company beat the French company Transdev to manage a business of 1,000 million euros, but at the last moment the authorities decided to give up and suspended the competition last year until further notice.“
https://amp.expansion.com/empresas/transporte/2023/12/07/6570f44ce5fdeabc108b45d1.html
Https://www.expansion.com/empresas/transporte/2023/12/23/6586005ce5fdeab0178b45b5.html Does anyone have premium on this site to send the link for full article.it talks about cosmen increasing his stake and takeover rumors?
The Sociedad de Automóviles Luarca SA will absorb Tiadhe and also the 1844 group, in an operation that is expected to close at the end of this year.
https://fuerteventurahoy.com/alsa-comenzara-a-operar-en-fuerteventura-absorbiendo-tiadhe/
They will buy that bus company for 90 million and another one as well
I believe it’s happening,i found another recent article
https://www.eleconomista.es/transportes-turismo/amp/12450105/alsa-ultima-la-adquisicion-del-grupo-canario-1844-por-cerca-de-80-millones
Https://espiral21.com/alsa-ultima-la-compra-de-transportes-1844/ 80 million aquisition by Alsa
Manz :“ There is no takeover bid as directors bought on the 1st of June and I dont know how long the cut off point is but any bid this year and they will be liable for inside trading. So that's dented any takeover bid.”
So in other words if a company decides tomorrow to place a bid for national express,they cannot do it because directors bought 50k worth of shares a month ago? It’s not like they have a crystal ball or something:))
Hi guys,i don’t post much but the response of the company to your email reminded me of Go Ahead Grup.I was invested there and the same as Nex it had a steep decline over several months.all their trading updates looked good and they had a lot less debt than Nex and about 90 % of revenue protected.From may 2021 i think until september same year the price droped about 40 percent so in july i sent then an email like you did.Their response was pretty much the same “it was a tough year because of covid bla bla..i found out later in september that they we’re investigated by the gov for fraud.no mention about this whatsoever in their response.i hope you guys are right and will be a takeover or something as i have invested quite a bit of money.next year what i did notice
just before the takeover was even though the market overall was a mess ,the share price kept going up so thats when i suspected it will be a takeover offer.didn’t see that yet here.
https://www.eleconomista.es/transportes-turismo/noticias/11996531/10/22/Alsa-y-Moventia-ganan-los-contratos-de-autobuses-interurbanos-de-Arabia-Saudi-de-mas-de-1000-millones.html
Full article is here ,use google translate
They are waiting for confimation i think
“ Now, once the names of the pre-awardees of the lots have been chosen, the companies must present the guarantees to sign the contracts and, once the award is confirmed, the tender sets the start of operations for the month of July 2023 .”
Is this guy still alive?
www.business-live.co.uk/enterprise/go-ahead-expands-bus-business-23343813.amp
https://www.telegraph.co.uk/business/2021/10/23/rail-scandal-leaves-go-ahead-sitting-duck-takeover/
Why on earth is this still dropping like a stone,SGC and Nex are not dropping anymore?