FirstGroup adds to repertoire with RATP buy

FIRSTGROUP (FGP) – Travel & Leisure Price: 187p +1.9% P/E: 9.5x Market Cap: £1bn Yield: 3.8% FirstGroup has acquired the UK sightseeing bus operations of French firm RATP for £17 million to grow and diversify its business. The RATP assets include 63 buses, 42 in London and 21 in Bath, as well as a large … Continue reading FirstGroup adds to repertoire with RATP buy