SkyBus closer to going all-electric after operator scores $4b deal

Since starting the SkyBus service in 2015 with 50 vehicles, Australian company Kinetic now runs a global fleet of buses and ...

TPG buys bus operator Kinetic in $4b-plus deal

TPG Capital has taken the keys to Australia’s largest bus operator and owner of the Melbourne SkyBus airport shuttle. Street ...

TPG acquires Kinetic Group in $4bn Australian transport takeover

TPG will take control of Australia’s largest bus and airport shuttle operator in a mammoth deal with a valuation north of ...

TPG buys Kinetic; Huge Melbourne Cup bet; Mamdani mocks Trump

In today’s news, TPG buys Australia’s largest bus operator in a $4 billion deal, a billionaire changes today’s Melbourne Cup odds by placing a huge bet, and Zohran Mamdani mocks Donald Trump.
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Majority shareholder investment confirmed for major Australasian operator

Kinetic has been acquired by a US based asset management firm, with another investment firm to retain its stake in the ...
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TPG Buys Kinetic in $4 Billion Deal

TPG has acquired Kinetic, Australia’s largest bus operator, in a deal exceeding $4 billion. Street Talk reports that the private equity firm, advised by UBS and Azure Capital, finalised the agreement ...