General · 18 August 2026
Mobico sells West Midlands bus operations to WMCA for £24 million upfront

Mobico, the company behind National Express coaches, is divesting its local bus service to the West Midlands Combined Authority (WMCA). The deal includes an upfront payment of £24 million, with an extra £5.5 million due later in 2027 and 2029. The sale is part of Mobico's plan to become "simpler and stronger" and follows the WMCA's decision to move to a franchised bus network.
✓ Verified against the source · 60 words · 40 sec
