26 Jul 2010

Stagecoach forced to sell operations in Preston

Stagecoach will sell some its Preston Bus operations, but will be offering a smaller part of its business in the city than previously planned.
Stagecoach had gone to the Competition Appeals Tribunal to protest that the Competition Commission’s ruling that it sell Preston Bus was wrong. 
The Tribunal ruled in May that a number of the Commission’s findings were not supported by the evidence in the case.
Since then Stagecoach has been in discussions with the Competition Commission – the outcome of which is  a slightly reduced divestment package.
http://www.busandcoach.com

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