FirstGroup share boom after £3.3bn US sell-off : vimars

FirstGroup share boom after £3.3bn US sell-off


FirstGroup share boom after £3.3bn US sell-off
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Selling its school bus operation and other divisions across the Atlantic will help FirstGroup focus on its UK businesses
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Shares in FirstGroup rocketed 16.5% in early trading on Friday after the Aberdeen-based transport giant announced a £3.3 billion deal to sell two of its three businesses in North America.
The stock fell back, ending the session up 4.47% at 88.9p, but it was still a good day in the City for the FTSE 250-listed company.

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