Summary


EMBATTLED transport group National Express saw shares race ahead yesterday after news of a higher Pounds 765million takeover approach from its biggest shareholder.

The FTSE 250 Index firm is now mulling over the take-it-or-leave- it proposal from Spain's Cosmen family, which owns 18.5 per cent of the firm and has been working with buy-out firm CVC.

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Extract


Cityfile

Yesterday's takeover development adde...

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