Mobico Group completes sale of North America School Bus business for $364 million
LONDON: Mobico Group PLC said Monday it has finalized the sale of its North America School Bus business to I Squared Capital, netting upfront proceeds of $364 million (£273 million), and increasing the company’s financial flexibility heading into 2025. The transaction, first announced on April 25, closed on July 14 following approval from the U.S….