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FGP Firstgroup Plc

166.40
0.80 (0.48%)
Last Updated: 08:39:34
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Firstgroup Plc LSE:FGP London Ordinary Share GB0003452173 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.80 0.48% 166.40 166.40 166.50 173.10 166.30 173.10 32,265 08:39:34
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Local And Suburban Transit 4.92B 87.1M 0.1313 12.61 1.1B

FirstGroup, MTR Agree To South Western Rail Ticket Price Caps

18/08/2017 7:51am

Dow Jones News


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LONDON-- The U.K.'s Competition and Markets Authority Friday said FirstGroup PLC (FGP.LN) and MTR Corp. Ltd. (0066.HK) have agreed to put a price cap on fares for their South Western Rail franchise in England after the CMA raised concerns about FirstGroup operating another rail franchise on the same route.

FirstGroup, which also operates the Great Western Railway franchise that includes the only other service between London and Exeter, and MTR have agreed that ticket prices on the route will be linked to those on comparable services, the CMA said.

 

-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan

 

(END) Dow Jones Newswires

August 18, 2017 02:36 ET (06:36 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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