Cosmen-Asterion launch 46p/share exclusion bid for Mobico, 50% premium

Cosmen and Asterion, holding 26% of Mobico, have launched a takeover bid at 46 pence per share, a premium exceeding 50%, valuing the company at £285m. The bid aims to delist the British transport operator, reflecting private-market confidence in its assets. The outcome hinges on shareholder acceptance and regulatory approval.

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