Published Date:
02 November 2009
NATIONAL Express is facing further investor turmoil after it emerged that one of its main shareholders was selling most of its stake in the embattled transport group.
Aegon, which had been the company's fourth-largest shareholder, is understood to have disposed of the bulk of its 3.5 per cent holding.
Last week, National called off merger talks with its rival Stagecoach, saying that it would press ahead with a rights issue instead.
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Last Updated:
01 November 2009 7:29 PM
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Source:
The Scotsman
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Location:
Edinburgh