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National Express owner in talks over £282million takeover deal with major Spanish transport firm

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National Express shareholders may be expecting a Spanish acquisition after its parent company revealed £282million takeover talks. Birmingham-based Mobico said Spanish transport firm Autobuses de Leon (AdL) has proposed buying the business for 46p a share. Shares in Mobico surged by 34 per cent to 39.7p yesterday on the news. The proposed takeover would value…

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