Deal / AcquisitionInfrastructure03/11/2025
TPG agreement provides for OPTrust exit from Kinetic
OPTrust →TPG announced an agreement to acquire 70% of Kinetic, with OPTrust to exit its shareholding and Foresight to retain 30%. The announcement expressly made completion subject to regulatory approval. OPTrust helped establish the mass-transit business in 2014. This record preserves the announcement's conditional status; it is not proof of the exact closing date or OPTrust's exit proceeds.