Infratil reviews ownership of NZ Bus after locking in Auckland, Wellington contracts

Infratil reviews ownership of NZ Bus after locking in Auckland, Wellington contracts
Jonathan Underhill
By Jonathan Underhill Feb. 7 (BusinessDesk) - Infratil, the publicly listed infrastructure investor, has begun a strategic review of its ownership of NZ Bus after concluding negotiations for contracts for Wellington and Auckland commuter services valued at $1.3 billion. "Infratil will engage with market participants over the coming months to consider proposals which may include outright sale, merger or other options," chief executive Marko Bogoievski said in a statement. "The strategic review will assess all options against retention of t...