Infratil's NZ Bus concludes Wellington negotiations

Wed, 24 Jan 2018

By Sophie Boot Jan. 25 (BusinessDesk) - Infratil, the publicly listed infrastructure investor, finished its NZ Bus negotiations in Wellington, with contracts to begin in the second half of this year. In a release to the stock exchange, Wellington-based Infratil said it has secured five long-term contracts in the capital, and the deal is "consistent with Infratil’s market messaging on the expected future scale of the NZ Bus business and earnings guidance." Last year, the company said NZ Bus’s loss of certain public transport contracts m...

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