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Private equity eyes Kelsian’s $200m of tourism assets

Simon Evans

The new chief executive of Australia’s largest tourism and commuter bus operator says it has received almost 30 expressions of interest for a string of businesses it is selling as it seeks to reduce its exposure to the travel market.

Graeme Legh, who took the helm of Kelsian in April after an internal promotion, said that private equity groups are among the interested parties as the company aimed for more steady performance that did not depend on the “ups and downs” of tourist ticket sales.

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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com

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    Original URL: https://www.afr.com/companies/transport/private-equity-eyes-kelsian-s-200m-of-tourism-assets-20250625-p5ma2x