Business · Companies · 5 hrs ago
Spanish investors hold about 40% of Mobico as takeover offer advances
Autobuses de León has offered to buy Mobico, the British transport group that owns Spanish bus company Alsa.
The offer is part of a longer shift toward Spanish ownership, with the Cosmen family holding 26.2% of Mobico.
Together, Spanish investors hold about 40% of the company, including stakes held by Vetonia Capital, Tártaro de Murera and financial firms.
The investors are not known to have coordinated their holdings for the takeover.
Mobico shareholders must approve the sale with 75% support at a meeting, and the Cosmen family must abstain from that vote.
The offer is 46 pence per share and values Mobico at just over £300 million.
If the vote fails, the buyer can switch to an offer that each shareholder can accept individually, with a possible minimum acceptance threshold of 50.1%; Mobico's board recommends supporting the offer.
Spanish investors hold about 40% of Mobico, the UK transport group that owns bus company Alsa.
The Cosmen family, a partner in bidder Autobuses de León, holds 26.2% of Mobico.
Other Spanish investors include Vetonia Capital, with 3.5%, and Tártaro de Murera, with 3%.
The offer is priced at 46 pence per share and values Mobico’s equity at just over £300 million.
Approval initially requires votes in favour from holders of 75% of Mobico’s capital, while the company’s board recommends supporting the offer.
- Who
- Autobuses de León (AdL) has made the offer for Mobico. Spanish investors, including the Cosmen family, hold about 40% of Mobico.
- What
- AdL has launched a takeover offer for Mobico at 46 pence per share.
- When
- The offer is under way; the article was published on 4 November 2026.
- Where
- Mobico is a UK transport group and the parent company of Alsa.
- Why
- Not stated
This story does not have two clearly opposing sides.
The Cosmen family began a period in which it doubled its Mobico stake to 26.2%.
Tártaro de Murera declared control of 3% of Mobico.
Vetonia Capital notified the London Stock Exchange that it held 3.5% of Mobico.
Expansión reported that Spanish investors held about 40% of Mobico.
- Cosmen family stake
- 26.2%
- Vetonia Capital stake
- 3.5%
- Tártaro de Murera stake
- 3%
- Offer price
- 46 pence per share
- Initial approval threshold
- 75% of Mobico’s capital