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Drawlane team snaps up NEG

4th July 1991, Page 8
4th July 1991
Page 8
Page 8, 4th July 1991 — Drawlane team snaps up NEG
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Which of the following most accurately describes the problem?

• National Express Group, the inter-city coach giant, is being taken over by private bus operator Drawlane Transport and a venture capital consortium.

The £10.25m deal includes NEG's subsidiaries Crosville Wales, Eurolines (UK), Amberline, Tayside Travel Services, Roadmaster Travel Services, Carlton PSV and the trading units of Crusader Group Travel, Travellers World and National Express Holidays.