InMotion Group shelves IPO despite less competition on Waiheke ferry route
Why did the bus and ferry operator ditch plans to float?
Calida Smylie Wed, 27 Apr 2016
Transport conglomerate InMotion Group has shelved its initial public offer plans, citing poor market conditions but interesting business opportunities.
InMotion Group, owned by Scottish businessman Sir Brian Souter, is a recently rebranded entity that encompasses ferry businesses Fullers and 360