Yellow Buses of Bournemouth have today gone into administration.
https://www.yellowbuses.co.uk/statement
The statement on their website says that negotiations have been under way for some time for a major national operator to buy the business. It is assumed that this is still ongoing and could be completed soon.
Both Go Ahead and First would be obvious candidates, but Go Ahead seems more likely. Bus services are not as commercially viable as they once were, so competition concerns that would have prevented such a purchase a few years ago no longer have the same weight. They would certainly be able to bring the most economies of scale and local knowledge to the Yellow network.
For First, Yellow would fill a geographical gap between their Wessex operation in Weymouth and City Red in Southampton, but is less likely as First have been concentrating on selling loss-making divisions over the last few years and have not made a new acquisition in a long while.
Stagecoach can never be ruled out, but their new private equity owners might have very different priorities compared to their previous management.
National Express, Arriva and Rotala are highly unlikely as they have nothing else in the region with which to support a new acquisition.
Transdev used to own Yellow Buses, which transferred to RATP when Transdev restructured. Transdev is now based in the North, where it is run successfully by Alex Hornby, who is no stranger to our neck of the woods having previously been operations manager of Bluestar. Yellows will be on his radar, but will Transdev's French government owners want to buy it back?
All should become clear in the next couple of weeks. In the meantime Yellow bus services are operating as normal.