Reuters - Friday, October 3
SINGAPORE, Oct 2 - Singapore bus and taxi operator ComfortDelGro Corp <CMDG.SI> said on Thursday it has bought a taxi operator in Britain for 800,000 pounds.
The purchase by ComfortDelGro's 51-percent-owned unit CityFleet will give the Singapore firm control of Liverpool-based Merseyside Radio Meter Cabs Ltd, which operates a radio circuit with a total fleet of 400 licensed taxis.
Merseyside Radio, which was founded in 1958, is better known in Liverpool as Merseycabs. It caters to both corporate and individual clients.