The Latest Breaking News from Kinetic

Previously described as unsafe and unsustainable and thought to have made its final trip, Tasmania's Spirit of Devonport ferry service could be back on the water this year.

It's survived troubled waters in the past, but declining passenger numbers have rendered a Tasmanian ferry service unviable, despite it being described as a "lifeline" for locals.

The transport operator's shareholders voted in favour of the bid at a general meeting

Australia’s Kinetic Holding and Spanish operator Globalvia Inversiones revised offer for group

The joint venture of Antipodean group Kinetic and Spanish operator Globalvia could pay around £669m for the bus and rail operator

The Australian transport operator had urged Go-Ahead shareholders not to accept a bid from rivals Kinetic and Globalvia while it prepared an offer

Live Ventures Inc (NASDAQ:LIVE) subsidiary, Precision Marshall, has acquired all of the outstanding stock of The Kinetic Co Inc for about $26 million. Greendale, Wisconsin-based Kinetic was founded by the Masters family in 1948. Kinetic manufactures more than 90 types of knives and numerous associated parts. Kinetic employs approximately 100 non-union employees. The acquisition is…

The bus and rail operator has received two takeover approaches which it said it would “be minded to” accept.

Go-Ahead’s new joint-owners are “ready to invest” in improved rail and bus services for London, bosses of the two companies have said.

The board of the Newcastle-based transport firm has accepted a takeover approach but another bidder is urging shareholders to wait

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