
Hundreds more daily train services are being cut in response to pandemic-related staff shortages (Victoria Jones/PA)
(Picture: PA Archive)TRANSPORT giant First Group offered its private equity suitors I Squared Capital a one-way ticket out of town today, flatly rejecting a £1.2 billion takeover offer.
That deal was for 118p in cash with a further 45.6p possible from the earnout on sales of the Greyhound bus arm and First Transit.