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Author Topic: Unions Put FirstGroup Under Scrutiny As Euro Expansion Beckons  (Read 2476 times)
Lee
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Unions Put FirstGroup Under Scrutiny As Euro Expansion Beckons
« on: January 29, 2007, 06:28:13 PM »

Transport unions from countries where FirstGroup plans to expand will meet with colleagues who already have experience of the company at the ITF in London on 31 January (link below.)
http://www.rmtbristol.org.uk/2007/01/unions_put_firstgroup_under_sc.html#more

Representatives from the UK and US will join their counterparts from Ireland , Germany , Sweden and The Netherlands to examine the international rail and bus operator’s record and plan how to avert the difficulties that have affected FirstGroup passengers and workers.

The meeting is expected to draw up a plan of action that includes creating a global network of transport unions whose members are employed by FirstGroup , and reaching out to shareholders , regulators , and politicians. It is expected to be the first in a series of meetings.

“We’re concerned that FirstGroup doesn’t repeat in the rest of Europe the mistakes it has made in the UK and US,” said Mac Urata , Secretary of the ITF’s Inland Transport Section.
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bubblecat
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Re: Unions Put FirstGroup Under Scrutiny As Euro Expansion Beckons
« Reply #1 on: January 29, 2007, 08:38:27 PM »

Interesting - I didn't know FirstGroup was in the US??

I must read more!
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Lee
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Re: Unions Put FirstGroup Under Scrutiny As Euro Expansion Beckons
« Reply #2 on: January 30, 2007, 11:14:00 AM »

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Lee
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Re: Unions Put FirstGroup Under Scrutiny As Euro Expansion Beckons
« Reply #3 on: February 09, 2007, 10:52:47 AM »

FirstGroup has agreed to buy US-based yellow school bus firm Laidlaw for £1.9bn ($3.7bn) (link below.)
http://news.bbc.co.uk/1/hi/business/6345627.stm

The Illinois firm operates across 37 states in the US and six provinces in Canada , it also owns the Greyhound cross-country coach company.

FirstGroup will become the biggest US school bus operator as it will combine the buy with its First Student bus service - bought in 1999.

They will issue £200m in new shares to finance the deal.
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Lee
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Re: Unions Put FirstGroup Under Scrutiny As Euro Expansion Beckons
« Reply #4 on: February 11, 2007, 02:05:58 PM »

FirstGroup has agreed to buy US-based yellow school bus firm Laidlaw for £1.9bn ($3.7bn) (link below.)
http://news.bbc.co.uk/1/hi/business/6345627.stm

More on this in the link below.
http://www.rmtbristol.org.uk/2007/02/firstgroup_drives_off_with_us.html#more
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Lee
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Re: Unions Put FirstGroup Under Scrutiny As Euro Expansion Beckons
« Reply #5 on: April 21, 2007, 11:00:07 AM »

First shareholders have backed the Laidlaw deal (link below.)
http://news.bbc.co.uk/1/hi/business/6576583.stm

In the first year of ownership , FirstGroup expects to generate about $70m (£35m) of annualised pre-tax cost savings.......
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