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Posted by
Two Blokes Apr 25 -
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Stock
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Mobico Group PLC (LSE:MCG) shares traded down 20% after reporting a deal to sell its North America School Bus business to I Squared Capital, in a deal that ascribes an enterprise value of up to $608 million. It includes an earn-out of $70 million, subject to performance, and is expected to complete in the third quarter of 2025.