Keppel Infrastructure to buy majority stake in Australian bus service business Ventura

Keppel Infrastructure to buy majority stake in Australian bus service business Ventura

Source: Ventura website

Keppel Infrastructure Trust (KIT) said on Monday that it will acquire an around 98.6% stake in Ventura Motors, the largest bus service business in Victoria, Australia, for an enterprise value of A$600 million ($390 million).