German transportation company FlixMobility is buying Greyhound's bus operations in the U.S. in order to strengthen its position in the country. The purchase price is $140 million cash plus another $32 million to be paid in installments over 18 months. 21 окт. 2021 г.
Who just bought Greyhound?
Germany's FlixMobility acquires Greyhound Lines, the iconic U.S. bus company, in $78M deal. FirstGroup acquired Greyhound back in 2007 in a $3.6 billion deal, part of a bigger strategy to take on the U.S. market (it also bought Ryder, the yellow school bus network, around the same time).
Has Greyhound been sold 2021?
FlixMobility acquires Greyhound to Expand U.S. Intercity Bus Services. Dallas/New York, (October 21, 2021) – FlixMobility (“the Company”), global mobility provider of the FlixBus and FlixTrain brands, announced today it has acquired Greyhound Lines, Inc.
Did FirstGroup sell Greyhound?
Oct 21 (Reuters) - British transport company FirstGroup (FGP. L) has sold its U.S. intercity coach network, Greyhound, to Germany's FlixMobility after more than two years of trying to offload the iconic brand.
Who bought Greyhound buses in South Africa?
Greyhound Coach Lines celebrated 21 years of intercity long distance transport. United Transport Company, now renamed as Unitrans Limited and listed on the JSE, reacquires Greyhound Coach Lines from the Tollgate Group.
