Bus manufacturer NFI Group acquires Alexander Dennis Limited for US$405M

Green Car Congress
By mmillikinMay 29, 2019, 5:30 am223 pts
North America-based bus manufacturer NFI Group Inc. has acquired UK-based bus manufacturer Alexander Dennis Limited (ADL) for a total transaction value of £320 million (US$405 million) on a cash-free, debt-free basis, subject to certain adjustments. The combined business creates an independent global bus OEM…

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