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Go-Ahead Group PLC - public transport operator - Consortium in process of buying Go-Ahead, comprised of Kinetic TCo Pty Ltd and Globalvia Inversiones SAU, says it receives additional letter of intent from Threadneedle Asset Management to vote in favour of the deal. Threadneedle holds 7.7% stake in Go-Ahead, representing 3.3 million shares.
Consortium now has irrevocable undertakings in respect of 34.5% of Go-Ahead shares.
Current stock price: 1,532 pence
12-month change: up 48%
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