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National Express seals takeover of rival operator Stagecoach

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Proposed £1.9bn company will boast a 40,000-strong vehicle fleet and employ around 70,000 people

National Express and rival Stagecoach have sealed an all-share deal that will forge a £1.9bn transport operating group.

The proposed merger is expected to be completed in late 2022, bringing Stagecoach’s UK local bus operations together with National Express’s intercity coach network.

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