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Cosmen and Asterion formalize the takeover bid for Mobico, valued at 2.780 billion

The Asturian family, which now has a 26%, will go to 50.1%, and the fund will take the remaining 49.9%.

Translated from Spanish Read in Spanish

Cosmen and Asterion formalize the takeover bid for Mobico, valued at 2.780 billion

The Cosmen family and Asterion, through their consortium Leita Mobility, have launched a takeover bid for Mobico, the parent company of Alsa. The bid values Mobico at £308 million, or €369 million, with the Cosmen family taking a 50.1% stake and the fund led by Jesús Olmos taking the remaining 49.9%. The board of Mobico has recommended that shareholders accept the offer, which represents a 55% premium on the previous day's closing price.

The deal is subject to approval by 75% of shareholders and is expected to be completed in the first half of 2027.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at expansion.com →

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