LONDON -(Dow Jones)- Go-Ahead Group PLC (GOG.LN), a U.K. passenger transport service company, said Wednesday it has formed a new joint venture company to pursue potential opportunities for yellow school bus contracts in North America. MAIN FACTS: -Go-Ahead will own 50% of JV, with other 50% held by Cook-Illinois Corp. -Cook-Illinois is an established, high quality school bus operator based near Chicago. -Joint venture will be focused on new yellow school bus contracts outside Cook-Illinois' home market of Chicago and the surrounding area. -At this stage, joint venture does not operate any contracts and hence has no significant financial commitments. -Go-Ahead is committed to maintaining a progressive dividend policy. -By London Bureau, Dow Jones Newswires; Contact Ian Walker; +44 (0)20 7842 9296; ian.walker@dowjones.com
