Kelsian Group M&A plans stuck in heavy traffic

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 90%

Australia Headlines News

It’s a tough time to be caught trying to make a bid - just ask Kelsian Group.

It’s been one way traffic for the bus and ferry operator’s shares since it was outed as a bidder for London-listed Go-Ahead, making it harder for the group to topple Aussie rival Kinetic and bid partner Globalvia.

Kelsian would likely need to raise equity to make a $1 billion-plus cash bid, and had been spending time with institutional investors in recent months to make sure they understood its global growth ambitions in case it needed to pull the trigger.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him ALEX_C_JENNINGS Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Live: NSW Now: Police make pre-emptive strike on protest groupMORNING BRIEFING: Police allege officers were attacked and a car was damaged in an operation targeting Blockade Australia, but a legal observer questions why such a large police presence was sent. Has ABC News investigated reports that a young poorly clothed man was left lost overnight in Colo bushland after this raid, and that police refused any search requests? The editor of this disjointed article needs a refresher. If in doubt, just keep to who, what, when, where and how. What a massive waste of police resources nswpolice LiberalNSW NSWLabor GreensNSW
Source: abcnews - 🏆 5. / 83 Read more »

Group of British MPs and peers say Parthenon marbles must return to GreeceSix legislators call for return of cultural treasures held by British Museum ‘to their Athenian home’ Of course they should Yep and hurry the hell up
Source: GuardianAus - 🏆 1. / 98 Read more »

Oaktree Capital takes on trade players for WA bigwig BGC GroupUS investment giant Oaktree Capital Management is taking on the strategic buyers at up-for-sale Western Australian building products business BGC Group. BGC stands for something NSFW
Source: FinancialReview - 🏆 2. / 90 Read more »

Two arrested in police raid on climate activist group Blockade AustraliaClimate activists connected to Blockade Australia say a “massive police raid” at a Sydney property where they are camped is “insane overreach”. Nigelgladstone angusthomson_ How to lose public support, best catch them doing illegal blockades for real. Nigelgladstone angusthomson_ Unauthorised protest,real protesters do not need permission to protest,so political parasites just keep parasiting while real Aussies get on with the job. Nigelgladstone angusthomson_ Wow, this is the Minority Report in action. Did the police go in heavy handed where they felt they had no choice but to defend themselves? No wonder the police DC was stammering. This stinks to high heaven. Something very wrong with this picture. Ridiculous.
Source: smh - 🏆 6. / 80 Read more »

Many in this group didn't think they could write. Now their work is part of a newly published bookHow lockdown provided the opportunity for budding writers from Australia's famed book town, Clunes, to become published authors. ABC hates its viewers by keeping Fauziah on without apologising. What else does ABC think of its viewers apart from ‘lobotomised shitheads’? Will Justin Stevens do anything about it or does he have nasty and demeaning lists too? insiders mediaWatch I can't write
Source: abcnews - 🏆 5. / 83 Read more »

NSW police ‘feared for their lives’ during raid on climate protesters says assistant commissionerPolice say group was planning ‘extreme forms’ of protest, activists say police actions were ‘insane overreach’ Pity NSW don’t deserve our trust. This one deserves close scrutiny. Please ….. I fear for my life everytime I don’t do thr dishes on time !! Please 🙄
Source: GuardianAus - 🏆 1. / 98 Read more »