Wilson Parking seeks clearance to buy Tournament Parking

Thu, 13 Aug 2015

By Paul McBeth Aug. 14 (BusinessDesk) - Wilson Parking New Zealand, owned by Hong Kong’s Kwok family, is seeking Commerce Commission clearance to buy 10 sites owned by rival Tournament Parking in Auckland and Wellington. Auckland-based Wilson, the country's biggest public parking provider with 270 facilities, has applied to the regulator for clearance to buy 10 of Tournament's 13 car parking sites, the commission said in a statement. In 2013, Wilson bought 63 of Tournament's car parking licences across the country, sparking the regulat...

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