KLS kelsian group limited

News: KLS Australia's Kelsian to buy All Aboard America! in $325 mln deal

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    March 15 (Reuters) - Australia's Kelsian Group Ltd (KLS) said on Wednesday it would acquire U.S.-based coach and bus operator All Aboard America! Holdings Inc in a $325 million deal.

    The transit operator said it would fund the acquisition thorough equity raising of A$281 million ($187.46 million).

    ($1 = 1.4990 Australian dollars)

 
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