3 Min Read (Corrects headline and first paragraph to clarify company is selling more than one business. Corrects paragraph 7 to say company sees annual profit ahead of its expectations not more than 900 million pounds) * To sell FirstStudent, FirstTransit to EQT Infrastructure * Proposes 30p per share return to shareholders in 2021 * Shares rise as much as 19% to highest level in 13 months April 23 (Reuters) - FirstGroup agreed to sell two North American bus businesses for $4.6 billion including debt to Swedish private equity firm EQT Infrastructure on Friday, to focus on its bus and rail operations in the UK. Shares in the FTSE 250 firm, which operates First Bus and four train contracts in Britain, surged 19% in early trade to hit a more than one year high of 101.3 pence.