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
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Financial Times
- 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
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.
Bradford Telegraph & Argus
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Carlisle News & Star
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Other News Sources
- 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.
- 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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