Australasian bus operator Kinetic has announced that it is set to expand globally after successfully completing the acquisition of UK-based The Go-Ahead Group plc under a joint venture arrangement. The acquisition has been completed under a consortium with Globalvia.
What is happening with Go-Ahead?
(Alliance News) – Go-Ahead on Monday requested for its shares to be suspended from trading in London, as its takeover by a consortium of Kinetic TCo Pty Ltd and Globalvia Inversiones SAU has become effective. This follows the delivery of a copy of last Thursday’s order from the High Court of Justice in England & Wales.
Is Go-Ahead sold?
Go-Ahead’s shareholders voted 78.6% in favour of the deal – which will see the consortium of Kinetic TCo Pty Ltd – Australia and New Zealand’s largest bus network – and Spanish transport firm Globalvia Inversiones S.A.U pay 1,550 pence per share, valuing the business at £669m.
Who has bought the Go-Ahead Group?
Kinetic Group
Ownership. Go-Ahead Group is owned by the Australia-based transport company Kinetic Group (51%) and Spanish transport infrastructure company Globalvia (49%).
Is the Go-Ahead Group up for sale?
Sale of the Go-Ahead Group to a consortium made up of Australasian bus operator Kinetic Group (51%) and transport concession manager Globalvia Inversiones (49%) completed on 10 October, as expected. The deal values Go-Ahead at around £669m.
Is Go ahead a good company?
Is Go-Ahead Group a good company to work for? Go-Ahead Group has an overall rating of 3.3 out of 5, based on over 129 reviews left anonymously by employees. 61% of employees would recommend working at Go-Ahead Group to a friend and 43% have a positive outlook for the business.
How many buses does go ahead have?
Our services. Go‑Ahead London companies now operate over 2,400 buses and employ over 8,000 staff operating from various sites in the capital.
Who owns Go-Ahead Ireland?
Go-Ahead Ireland
| A Go-Ahead Wright Streetlite at the Liffey Valley Centre | |
|---|---|
| Parent | Go-Ahead Group |
| Founded | 9 September 2018 |
| Headquarters | Ballymount, Dublin |
| Service area | Dublin, Kildare |
How many employees does Go-Ahead have?
27,000 people
Go-Ahead is a leading public transport operator, connecting communities through bus and rail services. Our purpose is to move you, and the next generation, towards a smarter and healthier planet. We employ more than 27,000 people.
Is Go-Ahead a hit?
The series was a hit, and was well received by audiences for its warm familial theme.
1 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for The Go-Ahead Group in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should “hold” GOG shares.
Has Stagecoach bus company been sold?
GERMAN infrastructure investor DWS has won the takeover battle for Stagecoach, writes Scott Wright. Last night it was announced that DWS, which is owned ultimately by Deutsche Bank, had seen its offer for the Scottish bus giant declared unconditional.
How many buses does Go-Ahead Singapore have?
31 bus routes
Bus Services & Fleet
Go-Ahead Singapore operates 31 bus routes based out of Pasir Ris and Punggol Bus Interchanges.
Will Go-Ahead Group pay a dividend in 2022?
The previous Go-Ahead Group plc dividend was 100p and it went ex 1 month ago and it was paid 20 days ago. There are typically 2 dividends per year (excluding specials), and the dividend cover is approximately 1.6.
Dividend Summary.
| Summary | Previous dividend | Next dividend |
|---|---|---|
| Pay date | 24 Oct 2022 (Mon) | – |
Who is kinetic owned by?
Kinetic is majority owned by Canadian pension fund OPTrust and Australian infrastructure manager Infrastructure Capital Group.
Who is the CEO of Go Ahead Tours?
Heidi Durflinger, President of EF Go Ahead Tours, has almost 20 years of experience in the travel industry. She has worked in both direct-to-consumer and group affinity educational travel roles.
How long has Go Ahead Tours been around?
Over 50 years ago, we were founded on the belief that the best way to learn about our world is to experience it. Today, we remain a family-run company driven by that same principle, with a mission of opening the world through education.
Is Go-Ahead London a good company to work for?
42% of Go-Ahead London employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Go-Ahead London 2.6 out of 5 for work life balance, 3.3 for culture and values and 3.0 for career opportunities.
What is the busiest bus route in the UK?
The Wilmslow Road bus corridor is a 5.5-mile-long section of road in Manchester that is served by a large number of bus services.
Is Go-Ahead a private company?
Go-Ahead runs bus services across the South of England and North East England. It is one of the big 5 private bus operators that run 70% of the UK’s bus routes.
Why do 3 buses come at once?
The theory goes that when there’s been a delay, the first bus picks up all the waiting passengers: those who have been waiting for some time, and those who have only been there a few minutes and had planned to get a slightly later bus.