Infratil exits public transport as Next Capital buys NZ Bus
The Australian private equity firm previously owned Go Bus for a couple of years.
Infratil shares traded 2c higher at $3.60 today after announcing it would sell its NZ Bus unit to Australian private equity firm Next Capital in a conditional deal that will net $218-240 million.
NZ Bus runs metropolitan public transport services in Auckland, Wellington and Tauranga on long-term
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Nevil Gibson
Thu, 27 Dec 2018
Thu, 27 Dec 2018
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Infratil exits public transport as Next Capital buys NZ Bus
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