Autobuses de León Offers to Acquire Mobico for £2.32 Billion EV

Reuters explicitly reports that Autobuses de León made an offer to acquire Mobico Group for approximately £2.32 billion of enterprise value. The supporting context identifies the legal bidder as Leita Mobility Limited, an indirect Autobuses de León subsidiary, and provides the recommended cash terms of 46 pence per share, approximately £308 million of equity value, and expected completion in the first half of 2027 subject to shareholder and regulatory approvals. This is a material, forward-looking takeover announcement rather than a completed acquisition, so the description preserves the proposed and conditional status. The announcement date is explicit, while the supplied wire timestamp is used as the best available time estimate; the exact real-world announcement time is not independently stated. The development remains a high-importance M&A catalyst with meaningful but not extreme surprise. Only MCG.L is approved because Mobico is the direct target; the proposed effects on FirstGroup, Eaton, BYD, Volvo, Iveco, and Schneider are indirect and speculative rather than explicitly supported by the offer. The prior decision to create a new merger-and-acquisition event is retained because no existing event is supplied and this offer initiates a distinct takeover storyline.