Deals
FirstGroup Puts U.S. School Bus, Shuttle Units Up for Sale
- Rothschild hired as an adviser to evaluate strategic options
- Activist investors are pushing the transport group to break up
Photographer: Joseph Prezioso/AFP via Getty Images
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FirstGroup Plc, under pressure from activist investors, is exploring options including a possible disposal of its North American school bus and transit divisions, extending a breakup strategy that already encompasses a planned sale of the iconic Greyhound brand.