Financial Times FT.com

Delay likely on National Express bid

By Gill Plimmer in London

Published: October 11 2009 23:06 | Last updated: October 11 2009 23:06

The Spanish-led consortium bidding for National Express is likely to ask for more time to perform due diligence before making a formal offer.

The deadline for the bid, worth £765m, expires at 5pm on Friday.

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