FirstGroup pursuing potential options for separation of UK bus arm
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(Reuters) - Britain's FirstGroup is pursuing potential options for the separation of its UK First Bus business, a company spokesman said on Sunday. The Sunday Telegraph newspaper reported earlier that the rail and bus operator was poised to offload part of its bus business to its own managers, months after it said it planned to spin off its UK bus arm."There are a number of potential outcomes for the separation of First Bus from the group and we are currently pursuing these options," the..