No decision on specific asset sales such as Z Energy, NZ Bus, Infratil says

Thu, 14 Feb 2013

Feb. 15 (BusinessDesk) – Infratil and its manager Morrison & Co say no decision has been made to sell specific assets such as Z Energy of its NZ Bus unit. The NZ Herald reported today that Infratil has been reviewing its capital structure and both Z Energy and NZ Bus could be sold to free up capital for it to make other investments. Infratil and co-investor the New Zealand Superannuation Fund would keep about 50 percent of each business, the report said. Infratil put out a statement in response saying it reviews its portfolio on an ongoing b...

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