Virgin and Stagecoach Joint Venture Bid

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Successful Virgin and Stagecoach Joint Venture Bid

Looking back over the week I can think of only one big joint venture deal that was reported in the media. Of course there are other smaller deals happening for SME, mumpreneurs and solopreneurs but we – the general business public are not party to these.

Joint Venture Bid

The deal I am talking about is the joint venture bid which was accepted by the Conservatives between Virgin (10%) and Stagecoach (90%) to run the East Coast Line. Apparently this deal will bring in £3.3bn into the government’s coffers.

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