Canada’s OPTrust and Foresight Group, owners of bus operator Kinetic Group, know that securing a $4 billion-plus exit is no easy feat. And they’ve been hard at work to juice up the forecasts offered to prospective bidders.
OPTrust is best known in Australia as owner of the SkyBus, which is held as part of its Kinetic transport business. Joe Armao
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
