UPDATE: Infratil loses big chunk of Wellington council bus contract

Thu, 04 May 2017

(Adds Infratil comment in 4th, 5th and 11th paragraphs, updates share price) By Tina Morrison May 5 (BusinessDesk) - Infratil, the publicly listed infrastructure investor, has lost most of its bus contract with the Greater Wellington Regional Council to Masterton-based Tranzit Group, which the council says can offer the service cheaper. The council named Tranzit, run by the Snelgrove family, as the preferred bidder for eight of its bus contracts, and Palmerston North-based UZAbus for a contract to deliver bus services on the Kapiti Coa...

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