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IN BRIEF: Go-Ahead bidders receive undertakings from Threadneedle

8th Aug 2022 19:11

Go-Ahead Group PLC - public transport operator - Consortium in process of buying Go-Ahead, comprised of Kinetic TCo Pty Ltd and Globalvia Inversiones SAU, says it receives additional letter of intent from Threadneedle Asset Management to vote in favour of the deal. Threadneedle holds 7.7% stake in Go-Ahead, representing 3.3 million shares.

Consortium now has irrevocable undertakings in respect of 34.5% of Go-Ahead shares.

Current stock price: 1,532 pence

12-month change: up 48%

By Lucy Heming; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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