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.

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 ...