One of the North East’s largest companies looks likely to be sold after receiving two takeover approaches.
Transport group Go-Ahead, which has come through a challenging period that saw it receive a £23.5m fine over a breach of a rail franchise around London, has received unsolicited takeover offers from two overseas firms.
Kelsian Group, an Australian public transport provider which has operations in London, has made a bid for the Newcastle-based company, as has a consortium consisting of fellow Australian company Kinetic and Spanish transport group Globalvia Inversiones.
