Indicative bids on Transpacific Industries’ NZ unit close today

Thu, 05 Dec 2013

By Paul McBeth Dec. 5 (BusinessDesk) - Potential buyers of the New Zealand unit of Australian waste manager Transpacific Industries have until the end of the day to make their interest known, with indicative bids closing. The first round of bidding will provide a steer for the Queensland-based company as to what it might reap from the sale of its New Zealand waste management business, rather than any firm offers, according to a person familiar with the process. BusinessDesk understands the sale has attracted interest from private equity fir...

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