Stagecoach sees Swebus deal agreed next week .
LONDON 1996-08-28
British bus and passenger rail operator Stagecoach Holdings Plc said on Wednesday that its negotiations to acquire Swedish long distance bus operator Swebus AB were set to lead to a signed agreement next week .
Four weeks ago Stagecoach said it had agreed the deal in principle , and it expected to pay 110 million stg-plus for the firm , with Swebus ' current owner , the state railway company .
" The directors report that negotiations with the vendors of Swebus AB are proceeding and they expect an agreement ( conditional on shareholder approval ) will be signed next week , " Stagecoach said in a statement .
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