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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

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  • 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.

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