An alternative plan for the future of Stagecoach which, if passed, would see the company retain its headquarters in Perth has been supported by Murdo.
Earlier this week, it was announced that the new proposed cash offer from DWS Infrastructure will be open for Stagecoach shareholders to accept once the required documentation has been published.
If passed, it would replace the previous plan which put forward the suggestion of a merger between Stagecoach and National Express, resulting in the planned closure of the former’s HQ in Perth.
Commenting, Murdo Fraser MSP said: “This proposal has to be agreed but if it does come to fruition it will be great news for Perth. It has been announced that DWS Infrastructure’s intention is to retain Stagecoach’s HQ in the city, thus keeping the long association the company has with Perth.
“In addition, Stagecoach plan to open a new customer service centre in Perth in the spring of this year.”
Murdo continued: “It is very encouraging to read that Stagecoach regard this new proposal as offering ‘higher value and greater certainty’ than the existing one from National Express, and, as a result, intend to recommend it to their shareholders and withdraw the recommendation of the plan from National Express.
“If the latest plan is agreed I’m sure it will be greeted with great relief by Perth-based Stagecoach staff and local residents.”