Stagecoach Group plc SGC

This large transport firm operates bus, train and coach services across the UK. They also own coach brands in North America.

Financial Times: National Express to buy Stagecoach for £470m.
https://www.ft.com/content/8702d0f4-baee-46fc-a477-605c5a95a297

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How will that effect the NE shares deal that was happening? When it was last announced both shares rocketed