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2015-12-09 STG-001
Stagecoach Group

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Franchising update


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Abellio
franchises
franchising



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Stagecoach Group

Franchising update
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related documents


Stagecoach Group plc – Interim results for the six months ended 31 October 2015 (pdf)

2015-06-02 Rail franchising: East Anglia, 2 June 2015 (Department for Transport)

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date
9 December 2015
source Stagecoach Group
type Press release

note For full source see related document


The Group has 40% of a joint venture with Abellio, which is shortlisted to bid for a new East Anglia rail franchise.

We have been unable to reach an agreement with Abellio on elements of the proposed bid. As a result of that, and taking account of the other rail bidding opportunities that we anticipate over the next two years, we have decided not to proceed with an equity participation in the bid for the new East Anglia franchise.

We have confirmed to Abellio our commitment to provide support and advice to the franchise if Abellio’s bid is successful.


Railhub Archive ::: 2015-12-09 STG-001





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