Thameslink Rail Operator Steams Ahead With £669M Offer

By Najiyya Budaly (August 4, 2022, 1:09 PM BST) -- British railway operator Go-Ahead said on Thursday that it has accepted an increased £669 million ($811 million) offer from a consortium of Australia's Kinetic and Globalvia of Spain, £21 million higher than an initial bid.

The board of Go-Ahead, which operates the Thameslink line through London to the south coast, has said it believes the revised valuation is "fair and reasonable." (Rail Photo/Construction Photography/Avalon/Getty Images) The board of Go-Ahead Group PLC said it believes the £669 million valuation is "fair and reasonable." The offer represents an improvement on the consortium's initial £647.7 million bid, which it made in June.

Go-Ahead has...

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