Firstgroup (GB:FGP) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
FirstGroup has secured a lease agreement with Angel Trains and Hitachi to acquire 14 new trains for approximately £500 million, aiming to expand its open access rail services including new routes and increased capacity. The trains, to be manufactured in County Durham, will support FirstGroup’s strategic growth while also benefiting local manufacturing and jobs. This significant investment highlights FirstGroup’s commitment to providing competitive and environmentally friendly travel options in the UK rail market.
For further insights into GB:FGP stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- Deutsche Bank Weighs in on Robinhood Stock Amid Soaring Trading Volumes
- Paramount Global (NASDAQ:PARA) Deal May Face Risks from Trump Administration
- Ford’s (NYSE:F) Electric Vehicle Motor Production Begins
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.