# Mobico Group takeover bid > Developing situation record from CLSTR: https://clstr.news/situations/mobico-group-takeover-bid > Updated: 2026-11-02T05:00:58.000Z. Sources: 8. Developments: 3. CMC Group and Asterion Industrial Partners initiated a non-binding takeover bid for Mobico, the British mobility group that owns the Spanish bus operator Alsa. The initial proposal, structured through Autobuses de León, offered approximately €338 million for 100% of the company, representing a significant premium over recent share prices. Following this, a consortium consisting of CMC Group, the Cosmen family office, and Asterion Industrial Partners announced a formal takeover bid to acquire all shares and delist Mobico from the stock exchange. The cash offer of 46 pence per share values the company at roughly £283 million. The transaction is intended to proceed via a court-approved scheme of arrangement under the UK Takeover Code. In a subsequent development, CMC Group and Asterion Industrial Partners agreed to acquire Mobico Group plc through Leita Mobility in a recommended cash transaction. This deal carries an implied enterprise value of approximately £2.32 billion, while valuing the company’s ordinary share capital at roughly £308 million. The buyers intend to merge Mobico with Autobuses de León’s existing bus concession operations in Malta and Cyprus to establish a more diversified mobility platform. The Cosmen family, through CMC Group, remains a major shareholder with approximately 26% of Mobico shares. ## Claims - A consortium of CMC Group and Asterion Industrial Partners is launching a takeover bid for Mobico Group. (reported by 4 sources) - The bid aims to acquire 100% of Mobico Group shares to delist the company. (reported by 4 sources) - The offer is a cash payment of 46 pence per share. (reported by 4 sources) - The total valuation of the company is approximately 283 million pounds or 338 million euros. (reported by 4 sources) - The offer represents a 93.3% premium over the closing price on August 3, 2026. (reported by 4 sources) - The Cosmen family currently controls about 26% of Mobico shares. (reported by 4 sources) - CMC Group accounts for 50.1% of the consortium and Asterion Industrial Partners accounts for 49.9%. (reported by 4 sources) - The operation is intended to be structured as a court-approved scheme of arrangement. (reported by 3 sources) ## Timeline ### 2026-11-02: CMC Group and Asterion to acquire Mobico Group for £2.32 billion CMC Group and Asterion Industrial Partners will acquire Mobico Group in a cash deal valued at approximately £2.32 billion, aiming to expand their global mobility and transport platform. 2 sources. https://clstr.news/cluster/cmc-group-and-asterion-to-acquire-mobico-group-for-232-billion ### 2026-10-30: Cosmen family and Asterion launch 338 million euro takeover bid for Mobico Group The Cosmen family and Asterion Industrial Partners have launched a 338 million euro cash bid to acquire 100% of Mobico Group and delist the transport provider. 6 sources. https://clstr.news/cluster/cosmen-family-and-asterion-launch-338-million-euro-takeover-bid-for-mobico-group ### 2026-10-21: CMC Group and Asterion offer €338 million for Mobico CMC Group and Asterion Industrial Partners have proposed a €338 million takeover of Mobico, the British owner of Alsa, offering a significant premium to take the company private. 6 sources. https://clstr.news/cluster/cmc-group-and-asterion-offer-338-million-for-mobico --- Cite as: Mobico Group takeover bid. CLSTR, https://clstr.news/situations/mobico-group-takeover-bid