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Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

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Mobico

  • Mobico shares jump as National Express owner reports surge in profit

    Transport and infrastructure

    The FTSE 250 transport operator, formerly National Express, confirmed the sale of its struggling North American unit is underway.

    National Express owner Mobico has reported a strong set of results
  • Cosmen family pounces on ‘depressed’ share price of National Express owners

    Transport

    The Cosmen family has upped its stake in the owner of National Express to 21.1 per cent. from 20.2 per cent.

    The deal is valued at £460m and is expected to create upfront net proceeds of around £275m to £290m while also trimming debts.
  • FTSE 100 reshuffle: Ocado and St James’s Place out, and one surprising new entrant

    MARKETS

    The FTSE 100 index has lost some well-known names but gained one unexpected addition.

    FTSE 100 reshuffles occur four times a year, with Ocado and St James's' Place the losers this time around
  • Mobico: Short sellers circle struggling National Express owner

    June 3, 2024

    Short sellers including the hedge fund owned by GB News baron Paul Marshall are circling the struggling FTSE 250 transport firm Mobico Group.

  • National Express owner Mobico set for FTSE 250 relegation after audit issues

    May 29, 2024

    National Express owner Mobico Group could drop off the FTSE 250 after it was forced to delay publication of its full-year results twice amid audit issues.

  • Mobico: National Express owner’s CFO to depart after ‘regrettable’ accounting issues

    April 22, 2024

    Mobico Group's CFO will depart after accounting issues caused the firm to delay publication of its full-year results twice.

  • Mobico: National Express owner shares spiral after profit warning amid audit issues

    March 25, 2024

    National Express owner Mobico's shares tumbled over eight per cent this morning after it issued a profit warning.

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