National Express owner Mobico has at long last agreed a deal to flog off its struggling North American school bus division.

Mobico to sell US school buses ahead of tariffs driving up fleet costs - The transport group described the sale to infrastructure investor I Squared Capital as a ‘milestone’.

Shares in Mobico fell after the company said it agreed to sell its North America school bus business in a deal with an enterprise value of up to $608 million, and that it expected to report a ...

British transport company Mobico will sell its North America school bus unit to I Squared Capital for up to $608 million, it said on Friday, as the business had become too costly to run due to wage ...