Kinetic–Globalvia Consortium to Acquire Go‑Ahead Group for $789M

June 14, 2022

A consortium of Australian bus operator Kinetic and Spanish infrastructure group Globalvia has agreed to acquire UK transport operator Go‑Ahead Group for $789 million (£647.7m). Go‑Ahead shareholders will receive 1,500 pence per share (1,450p cash plus a 50p special dividend); the buyers formed a new acquisition vehicle (Bidco) and expect the deal to close in October 2022, committing to invest in decarbonisation and digitalisation of Go‑Ahead's operations.

Buyers
Kinetic, Globalvia
Targets
Go‑Ahead Group
Industry
Transportation
Location
United Kingdom
Transaction Type
Buyout

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