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

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

One of Britain's biggest transport companies, the Go-Ahead Group, has accepted a 650m takeover bid from a consortium of the Australian bus operator Kinetic and the infrastructure specialists Globalvia.

Go-Ahead, a leading provider of UK bus services and the operator of the UK's biggest commuter rail network, Govia Thameslink Railway, said its board unanimously recommended the offer to shareholders, after receiving two approaches from buyers.