Eurotrack

Mergers

Cosmen family and Asterion offer 46p a share for Mobico

· Transport / bus operations

Location
Madrid / London · 🇪🇸 Spain / United Kingdom
Sector
Transport & mobility
Organisations
Autobuses de Leon (CMC Group der Familie Cosmen, Asterion Industrial Partners) ↔ Mobico Group
Transaction
Possible cash offer (non-binding)
Volume
about £282.5m
Status
announced

The vehicle Autobuses de Leon, backed by the Cosmen family (CMC Group, Mobico's largest shareholder with 26%) and Spanish fund Asterion, has put a non-binding cash proposal of 46p per share to UK bus operator Mobico. The independent directors are minded to recommend a firm offer on these terms, subject to documentation and due diligence; a firm offer must follow by 5pm London time on 18 Nov 2026 or the bidder walks away. Expansión puts the enterprise value including debt at about €2bn (Mobico, Rule 2.4 announcement, 21 Oct 2026; second source: Expansión, 23 Oct 2026).

Source: investegate.co.uk ↗ · Archived copy ↗

Further sources: expansion.com ↗ (Archived copy ↗)

Evidence: 2 independent sources · based on reports (not independently confirmed) · archived copy saved · How well sourced is Eurotrack?

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