Announced

OPTrust-backed Kinetic Holding and Globalvia Inversiones to acquire Go-Ahead for £699m.

Synopsis

OPTrust-backed Kinetic Holding, a transportation services provider, and Globalvia Inversiones, a construction services provider, agreed to acquire Go-Ahead, a transportation services provider, for £699m. "This transaction will create a leading global, multi-modal, mass transit platform and unlock value for all stakeholders. Given our track record and experience we will provide long term capital and expertise to support the acceleration of Go-Ahead's strategy and transition to net zero," Michael Sewards and Javier Pérez Fortea, Kinetic Co-CEO and Globalvia CEO. On July 21, 2022, Kelsian Group does not intend to make an offer for Go-Ahead. On August 4, 2022, Go-Ahead Group agrees to £669m offer.

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