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TPG have bought out OPT and foresight reduced holding making them 70% owner of Kinetic the parent company. Skybus is a small portion of that.Private equity has acquired Skybus. More price rises to come?
It's funny, I was talking to a family of 4 the other day, leaving the airport, they were off to get Skybus to the CBD, I informed them of the current price to the CBD with Didi and saved them around 50%TPG have bought out OPT and foresight reduced holding making them 70% owner of Kinetic the parent company. Skybus is a small portion of that.
Hold on to the side of your chairs....By then, the airport train will be operating, surelyThey might cut the 3 non core activities, ie, put it all back just to Melbourne CBD only.
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$4b is still quite cheap, at the going rate of $25 odd one way, yes, I know there are discounts, but lets just say, $25 one way, they would easily recoup it back in say 5/10 years,
Hah, as if.Hold on to the side of your chairs....By then, the airport train will be operating, surely![]()
