Global Infrastructure SherpaKeppel Infrastructure Trust to acquire remaining 30% stake in Ventura Motors
Keppel Infrastructure Trust (KIT) will acquire the remaining 30% stake in Australian bus operator Ventura Motors for A$54 million, increasing its ownership to 100%. The acquisition is expected to be completed in the second half of 2024.
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KIT’s assets under management will grow from S$8.1 billion as at 2 January 2024 to approximately S$8.8 billion [2] upon the completion of the acquisition.
"Keppel Infrastructure Trust (KIT), is pleased announce that it has completed its acquisition of approximately 97.68% [1] interest in Ventura Motors Pty. Ltd."
"Keppel Infrastructure Trust (KIT), is pleased announce that it has completed its acquisition of approximately 97.68% [1] interest in Ventura Motors Pty. Ltd. (Ventura)."
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