National Express Shareholder Seeks Sale of Company, Times Says
National Express Group Plc shareholder Elliott Management wants the transport group to put itself up for sale, the Sunday Times reported, without saying where it got the information.
Elliott International raised its holding in National Express to 16.2915 percent of voting rights on Feb. 1, according to a London Stock Exchange filing.
National Express management rejected Elliott’s request for a sale and has no plans for a merger, the newspaper said.
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