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FirstGroup PLC on Thursday announced a lower annual profit but a dividend hike amid current restructuring. The Aberdeen, Scotland-based transport company said in the year ended March 25, pretax... | June 8, 2023
Munich’s FlixMobility raises over $650 million, achieves $3 billion valuation June 2nd, 2021. Munich-based FlixMobility, the group behind FlixBus and FlixTrain has raised over $650 million in a mix of equity and debt financing, giving the company a valuation of $3 billion. The Series G round included activity from new investor Canyon Partners, as well as existing investors including General Atlantic, Permira, TCV, HV Capital, Blackrock, Baillie Gifford, SilverLake, FlixBus founders, and undisclosed others. The company is reporting that the funding will be used to further expand into new mar...