Breaking News
Go-Ahead accepts £650m takeover offer from Kinetic and Globalvia
One of Britain’s biggest transport companies, the Go-Ahead Group, has accepted a £650m takeover bid from a consortium of the Australian bus operator Kinetic and the infrastructure specialists Globalvia.
Tuesday, 14 June 2022
BBC News
- New station at Barking Riverside to open this summerA new London Overground station in east London will open this summer, Transport for London (TfL) has said.
- Wrightbus: Ballymena firm to supply 800 buses to IrelandWrightbus receives an initial order to supply 120 buses, which will primarily serve Dublin city.
Financial Times
- SpaceX clears environmental hurdle for US launch Aviation regulator gives Elon Musk’s company boost towards Starship lift-off but red tape remains
- Go-Ahead accepts £650mn bid from group led by Australian bus operatorKinetic Holding and Spain’s Globalvia Inversiones are backed by Canadian pension manager OPTrust
The Guardian
- Go-Ahead accepts £650m takeover offer from Kinetic and GlobalviaOne of Britain’s biggest transport companies, the Go-Ahead Group, has accepted a £650m takeover bid from a consortium of the Australian bus operator Kinetic and the infrastructure specialists Globalvia.
Times Online
- Kinetic’s energy seals deal for Go-Ahead [subscription]Go-Ahead, which has headquarters a short stagger from the delights of Newcastle’s Bigg Market, began yesterday with not one but two Australian suitors, both sufficiently bonzer to be invited to do due diligence. Kelsian and Kinetic had made informal offers. The likely prices were sufficient, Go Ahead said, that if an offer was made, the board would recommend it to shareholders.
City AM
- First Group optimistic of returning bus passenger volumes amid takeover offer rejectionTransport operator First Group has posted a £122.8m statutory operating profit from continuing operations while announcing a renewed national rail contract with the transport department for Great Western Railway.
Birmingham Post
- Concerns over planned 440 acre rail freight interchange in rural Leicestershire to be raised in ParliamentAlberto Costa: 'This is a gargantuan development that would concrete over beautiful South Leicestershire countryside'
Bradford Telegraph & Argus
- New online tool aims to make bus journeys saferA NEW online service will give bus passengers a chance to report any instances where they feel unsafe on the bus network.
Daily Post (North Wales)
- Jet2 searches for staff as Manchester Airport mayhem continuesManchester Airport has faced huge staff shortages in recent months
Northern Echo
- LNER trains travelling in North East to get new lookTRAINS from London North Eastern Railway (LNER) travelling through the North East could look very different in the coming months after the rail operator unveiled a new and distinctive livery for its InterCity 225 fleet.
Wales Online
- How would you improve Wales' big event transport after another weekend of 'unacceptable' chaos?Debate has raged over the weekend after Welsh football fans experienced 'chaos' leaving Cardiff on Saturday night
- Trains operator asks some people not to use its services as fears grow of travel chaos for Tom Jones and Stereophonics stadium shows in CardiffComes to something when the people who run the trains ask you not to use them
Carlisle News & Star
- Dr Neil Hudson pushes for the 'urgent need' of Post-16 transport in CumbriaMP for Penrith and The Border, Dr Neil Hudson, hosted a virtual roundtable event attended by schools and local government representatives to discuss the issue of access to post-16 transport to rurally isolated students.
Other Regional Press
- Warrington campaigners welcome HS2 Golborne Link scrapping“The cancellation of the Golborne Link of HS2 is vindication of everything we have been saying for more than a decade,” a spokesman for Stop HS2 North said.
- Static testing begins on Avanti West Coast’s new train fleetStatic testing has begun on Avanti West Coast’s new Hitachi Class 805 and 807 trains.
New Civil Engineer
- Bristol Temple Meads station receives £95M levelling up grant for upgradeBristol Temple Meads station and the area directly surrounding it will undergo a significant overhaul creating thousands of jobs and homes thanks to a £95M levelling up grant provided by the government.
Railway Gazette
- Cardiff Northwest Corridor tram-train report publishedUK: Proposals have been published for the development of a tram-train network to serve housing developments on the Northwest Corridor between Cardiff and Llantrisant.
Other News Sources
- West Midlands tram extension will not complete in time for Commonwealth GamesA tram extension in Wolverhampton, part of the West Midlands Metro extension, will not open in time for this summer's Commonwealth Games as previously planned.
- Go-Ahead accepts £648 million takeover offerGo-Ahead has accepted a takeover offer from an Australian-Spanish consortium that values the bus and train operator at about £648 million.
- No room for Eurostar at Amsterdam CentralDUTCH environment minister, Ms Vivianne Heijnen, has told MPs that it would be “unacceptable” if Eurostar trains were unable to serve Amsterdam Central during station renovation work due to start in early 2024.
- Plea not to 'squander' Blackburn with Darwen's better bus ticketCOUNCIL bosses have been warned not to squander a £3.8million grant to improve bus services
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