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The Latest Breaking News from GoAhead

Go-Ahead hit by cyber security 'incident' before takeover process completes

The bus and rail operator said it had forensic IT specialists looking at the issue

Birmingham Post

Go North East Q3 bus gets modern update with new fully electric fleet

The Voltra buses include air conditioning, free Wi-Fi, wireless and USB charging phone holders and 'tap-on tap-off' contactless payment system

Chronicle Live

Go-Ahead shareholders approve £669m takeover by international joint venture

The transport operator's shareholders voted in favour of the bid at a general meeting

Birmingham Post

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No 46 to Le Manoir: Raymond Blanc funds local bus service to restaurant

The hourly bus route serves local villages and brings staff to the Michelin-starred restaurant

The Guardian - UK

Thameslink operator Go-Ahead bought for £670 million

Australia’s Kinetic Holding and Spanish operator Globalvia Inversiones revised offer for group

Evening Standard

Buyers increase offer for Go-Ahead Group despite no competitors in the running

The joint venture of Antipodean group Kinetic and Spanish operator Globalvia could pay around £669m for the bus and rail operator

Birmingham Post

Kelsian blames market volatility as it shelves Go-Ahead takeover bid

The Australian transport operator had urged Go-Ahead shareholders not to accept a bid from rivals Kinetic and Globalvia while it prepared an offer

Birmingham Post

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Go-Ahead stays on revenue track as passengers return

Rail on target and buses jump to 85% capacity post-Covid

Evening Standard

Rival Go-Ahead Group bidder 'assessing options' as transport firm sees passenger numbers recover

Volumes across its regional bus business are now at more than 85% of pre-pandemic levels,

Birmingham Post

Long-term shareholders must pray Ocado’s latest fundraiser is the last

The £575m is ‘to capitalise on opportunity over the medium term’. Is that the same ‘medium term’ as two years ago?

The Guardian - UK

Stocks mostly extend losses as recession fears linger

London (AFP) - Stock markets across Europe and Asia on Tuesday mostly extended recent sharp losses on lingering worries about possible recession for major economies.

AFP

More about the Go-Ahead bidders and what happens next

The bus and rail operator has received two takeover approaches which it said it would “be minded to” accept.

Birmingham Post

New Go-Ahead owner reveals plans for London

Go-Ahead’s new joint-owners are “ready to invest” in improved rail and bus services for London, bosses of the two companies have said.

Evening Standard

Takeover battle looms for Go-Ahead as board accepts £647m offer

The board of the Newcastle-based transport firm has accepted a takeover approach but another bidder is urging shareholders to wait

Birmingham Post

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The Guardian - UK

Minister’s call for inquiry into fuel prices may not be a political diversion

After government cut duty by 5p a litre, it’s worth wondering what supermarkets’ fuel profits are

The Guardian - UK

Go-Ahead accepts £650m takeover offer from Kinetic and Globalvia

Thameslink operator’s board unanimously recommends consortium’s bid to shareholders

Birmingham Post

Go-Ahead Group likely to be sold after two bids from overseas firms

The Newcastle-based transport group has said offers from firms in Australia and Spain are likely to be acceptable

Birmingham Post

Go-Ahead sees profits fall 24.5% following LSER contract breach

The transport operator revealed its half year results following the launch of a new strategy that aims to take operating profit to at least £150m

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Birmingham Post

Deloitte to be investigated by watchdog over audit of transport group Go-Ahead

The accountancy giant is under investigation by the Financial Reporting Council over the Newcastle-based transport group's 'breach of trust' in a rail franchise

Evening Standard

Financial Reporting Council launches probe into Deloitte’s Go-Ahead audits

The investigation into Deloitte’s audit work will cover six years

The Guardian - UK

Accounting watchdog investigates Deloitte over Go-Ahead audits

Deloitte says it will cooperate with FRC investigation after Go-Ahead was embroiled in accounting scandal

Birmingham Post

Transport group Go-Ahead targets £4bn revenues following troubled period

The findings of a business review in which Go-Ahead Group set out growth targets have been revealed to investors

The Guardian - UK

New rail contract award to Go-Ahead branded ‘a sick joke’

Contract to run Britain’s biggest commuter rail network comes a week after £23.5m fine

Birmingham Post

Go-Ahead retains UK's largest rail contract despite "appalling breach of trust"

The Government has decided that Go-Ahead's Govia joint venture will continue to operate the Thameslink, Southern and Great Northern rail services

The Independent UK

Govia wins Thameslink contract despite £24m Southeastern fine

The business could be handed more than £30 million a year for running the line.

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