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Company Statement: Stagecoach - Statement regarding National Express Group

( September 3, 2009, 11:49 GMT | Official Statement) -- Extract: Stagecoach confirms that it remains in exclusive discussions with the Consortium and an agreement of principles has been reached regarding the possible acquisition by Stagecoach of the UK Bus and UK Rail operations of National Express from the Consortium. The UK Coach operations of National Express are not part of these discussions or agreement.Further to its announcement of 27 July 2009, Stagecoach notes today's announcement by a consortium comprising funds advised by CVC Capital Partners and interests of the Cosmen family (together, the 'Consortium'), that the Consortium has made a revised proposal to acquire National Express....

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